RE:RE:PEA Debt Comes Due October 23rdI just looked at my posting history. I posted rehularly as the SP kep rising. I stopped in November when it started ratcheting back down. I always check in and read whats here- not much posting by anyone for the last few months.
Pretty boring. Not much info to speculate on.
I make money on countertrends of stocks I have a good idea where they are going. This one, PEA- there is a minimum of logic in both the ups and the downs. But up or down, its an interesting circus.
Its entertaining watching some companies. Some of them I see something I'm willing to bet on. I see that because I'm watching
Someone contacted me once about shorting PEA. Said I would never do that. Its a dog that dont hunt. But no matter how inflated it may look at times- I would never count on it going down and down.
I've watched it gradually ratchet up, and ratchet down, several times now. And I dont see any patterns I would be willing to bet on.
That said- its hard to see it staying down where it is now.... even if Q4 and Q1 are on the dissapointing side.