InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.22
(
-0.34%
)
Bitcoin
55,138.81
(
-1.27%
)
Post# of 4973776
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Drugdoctor

Send PM Follow Ignore
Followers 1739
Posts 142162
Boards Moderated 4
Alias Born 09/11/2005

Drugdoctor

Re: MB3 post# 455579

Wednesday, 11/16/2005 9:43:15 PM

Wednesday, November 16, 2005 9:43:15 PM

Post# of 4973776
makingbacon- re PRGX - I have done a good bit of DD and wasn't going to buy it fearing BK, but I believe that with a book value of $1.49 per share the stock might actually rise for awhile if they filed Chapter 11 and allow me to get out.

Otherwise, they pull off the restructuring and go back to $3.00 in a year and I have a 10 bagger!

Worst case, I lose my 10 grand I invested in it, best case, I net 100 grand. I will be watching it closely though!

Short term though, it could pop on news, and if I got .90 fast, I would probably just take it!

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up