Replies to post #467 on Pegasus Tel Inc (PTEL)

[pontiacnut1999]

You took the words right out of my mouth.

Figure that folks selling PTEL now are going to miss out on the ability to trade into the moves. The 1:1 shares will be "restricted preferred" so all the folks from the other position will not be able to sell those for six months.

If panic sellers here don't realize the pps uptick potential, all the better for us to be able to add cheap. Personally, I'm looking forward to the volatility.

Bought at .07. Missed the next day's pop to $.12 (almost 72% pps increase) but am adding as pps drops. Folks who buy now can trade/flip on the moves.

IMHO, buying PTEL now for swing trades is SMART.