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researcher59

03/07/18 4:30 PM

#45933 RE: hweb2 #45928

PCMI - if it trades back down to $7, I'll be adding shares .... yes, 2017 was very disappointing, but there's reason for optimism in 2018. I like the risk/reward at these levels .... Q4 looks like a "kitchen sink" quarter.

littlefish

03/07/18 4:42 PM

#45935 RE: hweb2 #45928

Cuz they're having to borrow money to buy shares in a rising rate environment.

Glad I scalped this today for a small lunch money trade (got in a bit over $7.5).

ARs continued to be high YOY as revs decline and debt goes up. Plus SGA is close to wiping out the GM profit and then interest expense wipes it away.

Glad I escaped with a small gain on a board favorite I never liked (but due to the largish shorts and heavy selling took a small trade angle on it).

Good luck on it, looked like it was holding up briefly AH.

All in my opinion only. Good luck to the longs hanging on.