Performance Technologies, Incorporated (PTIX)

[NG_Financial]

Hmm, well here are the negatives that made me my short position.

PTIX is a rather smaller company, their competition is against giant telecom companies like Tekelec , F5 Networks. Cosumers buy from more stable companies, why go with the bronze when you can go with gold?
They also came late to the party, joining the Diameter area a few years later than their big competitors. Tekelec, F5 unfortunately have had domination in this area of growth. Management needs to have a better vision. PTIX past earnings have also been very unpredictable, its always up and down, no forcasting here. There is no trend to follow. It can plunge back to loss any time.
My point in case here is look at 2011-12. IF that happens, PPS may drop back to $1's.
And my last point is from a technocal stand point..PPS has tripled, so I think investors would not risk anymore than $3 until PTIX can prove that it can make money in Diameter area. Legacy technology will not excite investors. Everything is also completely oversold and looks like it wants to take a nice dip..



This website here has also confirmed the more technicals side of things-- sell

http://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=PTIX