P10 Industries Inc. (PX)

[chemist72]

Can PIOE be anything but a mid-, long-term HOLD?

If my choices are short-term traders versus mid- to long-term investors, then my answer is NO.

I say NO for 2 straightforward reasons.

First, the average trading volume is so low that most traders would find it very difficult to both get in AND get out with a reasonable number of shares without significantly affecting PIOE's share price.

Second, PIOE tends to trade in very narrow ranges for long periods of time. Traders need volatility over short periods of time.

Note in proof of point #1:

100-day average volume for PIOE is currently 14,784.

https://www.barchart.com/stocks/quotes/PIOE/technical-analysis