I agree Sal... tempering expectations is important.
But there are about 5 catalysts which are supposed to hit this year, and we're at the very beginning stages of the "running out of time" rule to get them all done in the next 8-10 weeks.
As such, we may see the low-to-mid .40s again before we see the 0.60s and that will ultimately "mute" any significant stock appreciation for many of us.
Again, nothing short of a partnership will drive this thing much higher and be able to sustain it before PPS decay starts again.
I suppose that I'm speaking for many that we're starting to get impatient. What happened to the "run-ups" which everyone was projecting? I believe that most of the current PPS is based on a rebound from a technically oversold stock, and not based on any fundamentals...
We need more fundamentals and we need more news.