Pacel Corp (PCOR): I added a lot more PCOR today @.0002. A...

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Pacel Corp (PCOR)

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Monday, 12/13/2004 8:00:44 PM

Monday, December 13, 2004 8:00:44 PM

I added a lot more PCOR today @.0002. Anyone else?

My main thought about the risk of this high risk stock is that although they have increased the authorized shares to 10B from 2B, they did not mention a reverse split in their last DEF PRE-14C. This at least indicates to me that the risk of a R/S is low and that with the current volume remaining high we may see a short run within this month.

I like the ASL side of the level 2: there is NITE on the ask @.0002, then 2 MMs on .0004 and then .0005. It hit .0005 intraday today and has been extremely volatile in the last 4 trading days.

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