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canucklehead

06/01/10 12:50 PM

#4891 RE: 1950tiger #4890

From a strategy standpoint, we have played the squeeze angle (for me) based on the companies buy back plan. Its early in the week and the month (and the day for that matter). So I am philosophical and patient. I suspected some of the targets being bandied around were a tad aggressive. However, once this buying starts, and momentum follows, all bets are off and we could actually see some of those targets. You know better than I do the ability for these sub pennies to be explosive. One has to have some patience and a high degree of competent trigger finger here. As I mentioned earlier you had to know that these shorters would have an aggressive plan in place to counteract any chance of them losing money. Having said this, the company will have to have an equally aggressive plan to return the price to its rightful "market" value.
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leadfoot409

06/01/10 12:50 PM

#4892 RE: 1950tiger #4890

PSC already "squeezed" out all their money.