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10 bagger

07/20/07 11:55 AM

#76995 RE: houtheman #76993

PTG..

Backlogs do not make profits and your est of one to three million in profits on $25 Mil in sales...??? Thats like flipping a coin,, If they hadn't bought the fund out and it tanked and then they bought it that would of been smart..As to you buying it at $7.00 on tuesday and saying it was the bestperforming stock all week is nuts,, I have six out of 22 positions that can beat that statement.. Even ZYNX beats it...If you want advice you have come to right board,, If you don't like the answer please don't make statements to justify your purchase like this was the best performing stock all week and you have just held it 3 days... I'm out of here,, I'll be posting from Fla next week..hank

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researcher59

07/20/07 12:01 PM

#76998 RE: houtheman #76993

houtheman: PTG looks interesting with all that backlog, but earnings will depend on gross margins ....

The picture will clarify a lot with their Q2 earnings release in mid-August. If they can post EPS of $0.15+, and backlog remains on the rise, then your target of $10 may be achievable. Another issue is taxes .... earnings have been untaxed in the past, but they appear to be running of operating loss carryforwards.

I'm on the sidelines for now, but have PTG on my watchlist. Good luck.