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Bullboard - Stock Discussion Forum PACIFIC INSIGHT ELECTRONICS CORP T.PIH

"Pacific Insight Electronics Corp is engaged in providing electronic solutions to the automotive, commercial, and specialty vehicle markets. It manufactures & sells LED lighting products and systems, electronic control modules, and wire harnesses."

TSX:PIH - Post Discussion

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Post by 88guy88 on Sep 20, 2016 2:12pm

Will it break $9

losts of down pressure today.....that one of the problems when you get a fund manager gives it a thumbs up and it runs way up in price and then plummets back down as investors lose patience for a quick trade......investors cant get out fast enough and it destroys the price
Comment by curiousbuild on Sep 20, 2016 2:54pm
or will it be top pick again tomorrow.. breaking $9 doesn't make sense at all.. nothing wrong with earnings and company.. CB
Comment by 88guy88 on Sep 20, 2016 3:35pm
Yup for sure.....but sense has little to do with the stock market.....its usually irrational people making irrational decision thinking that they are being quite rational...... Once the price gets close to the psych level of $9 it usually falls through.....thats why you see alot of big buys on round numbers like $9 but the market does not care about $9 or any number for that matter Bruce will ...more  
Comment by Playa2012 on Sep 20, 2016 3:46pm
Bought some here. Price to book very attractive hard to resist. Cheers
Comment by curiousbuild on Sep 20, 2016 4:16pm
same here. Avg up for me.. CB
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