Pure Spectrum Lighting (PSRU)

[Buddhasib]

Yeah, I get the Alerts from SDG, and I agree with your Assessment of PSPM's prospects. Here is the technical analysis/chart that was released a few weeks ago:

file:///C:/DOCUME~1/Jason/LOCALS~1/Temp/pspmforecastmar312009.jpg

(hopefully this link works for you? Yes, the projected target was 1.60)


SDG just released an alert this afternoon that referenced this same analysis, but it was said this time that the forecast was for 1.20 -- either a typo or a change in forecast. I'd say it is probably the former option.

Personally I don't put much weight into technical analysis like this -- I care more about the fundamentals of the company and its likely prospects, but hey, if the charts tell you the same thing as the fundamentals...all the more reason to get on board!

I've loved the rally so far -- but I don't think we've seen anything yet so to speak...just getting started.