Propel Holdings Inc T.PRL

Small resistance got tru...

[ssnowdday]

There is a pretty big resistance that I forgot to mention,  at @ $9.50ish that needs to get broken.  Then it goes to $13-$14.

GLTA!

[Defiance2050]

This is a really low volume stock where a market order can move the stock percentages at times. ' Management is the biggest holders of the company, and the added capital from the IPO has allowed flexibility.  New regions keep being added and earnings is just a matter of the volume of new accounts opening up. At some point in time the growth will stabilize and earnings will reflect. 

[ssnowdday]

What do you mean in: " this is probably one of the rare IPOs of the past two years that isn't entirely underwater " ? Where do you see it two years from now? Also,  are they going to split the stock or leave it at that number for a while?  I do not beleive in dilution. Anyway, even on low volume, somes are buying since a while...

[RawSienna]

 Defiance2050, I to would be interested to know where you see this near and long term? So far, as you've said, It's hung on as an IPO and It's been doing well for me as I've waited until the mid 7's low 6's to purchase. The company seems to be focused and delivering on goals so far and the dividends are nice. That being said I'm a novice and value other opinions

[Defiance2050]

IPOs havent done great recently BBTV, FLOW, FDGE down 90%, a bunch of other IPOs that are down 50% on the initial list price.  I dont think share number modifers like splits do much other than change peoples perspectives, dollar volume traded would still be similar and it wouldnt change small market orders from moving the share price. Excluding M&A which I dont see happening it all

[ssnowdday]

Thanks for your opinion.  To me, with the revenus anticipated, I would think this stock will be at least in the $20. range within a year.   But that just my opinion.