PDGE filed their 10Q today, and it is a good one. Very nice report showing good gains for their financial bottom line.
Share price dropped ten percent today. Go figure.
Blue, I have been contacting investor friends, today, and discussing PDGE as an investment for the next thirty to ninety days. We have agreed each of us will dump five grand into PDGE early morning, hopefully with prices still below 1.20 per. It might be pre-market trading will drive prices up quickly.
Below 1.20 per share, a darn good buy. Between 1.20 to 1.25 per, a decent buy. At 1.30 and above, well, maybe ok to buy.
My expectation, concensus is PDGE will move back to the 1.30 to 1.40 range within twenty days, but may do even better over the next three, possibly six months.
I urge readers to be cautious, to read that 10Q carefully, look at charts, read company news, then make a prudent decision.
This could be a bad tip, you could lose money, I could be dead wrong.
Take a look at PDGE and give it some thought. My expectation is to earn ten percent on this one within ten to twenty days. If so, a decision to hold or sell, will then be made.
posted
hi Purl, yeesh been crazy lately, barely time to check the markets.
yeah a disappointing dip in PDGE. have read a little of today's news, though still need to fully digest. i was hoping for .03, they came up with .024 or so per share. still, a good Q from what i've read so far. i guess people were looking for them to match their last Q where they earned a nickel, though anyone who followed it closely would have known that taxes would start to kick in.
PDGE, HOM - both similar in several ways. clearly growing, clearly value stocks, but - for whatever reason they can't generate sustained investor excitement, at least yet. the only way i know how to play either is to hold half, and swing-trade half. no way am selling at 1.15, is ridiculous. even if you factor this last Q's earnings over a year (despite the fact that this is their slowest Q historically), still a low forward P/E of 12. will continue to hold, i agree with you that is undervalued at these prices.
another interesting factor is the state of the acquisition, will be interesting to see the news of this that they alluded to in the PR today down the road.
IP: Logged |
posted
Both HOM and PDGE exhibited the same behavior after releasing good financial reports, at least in my opinion, good reports.
Previously I suggested possible shorting to accumulate HOM shares. Now I am not so sure.
Not an expert on this but it seems shorting would not take place for both stocks, that would be quite the coincidence.
A possibility romping around in my mind is some investors expected "stunning" profit results. They may be disappointed with simply a very good report showing slow but constant growth. I like those type of reports, those which show strong slow growth, free of fluff and hype.
Might be some starting dumping setting off a downward spiral, which triggered stop losses. I don't know, just a possible which would apply to both HOM and PDGE, equally.
Another factor might be many are buying into this myth of a real estate bubble burst, and that is all it is, a myth. Nonetheless, some do believe that myth and might be moving out of real estate related industries.
Regardless of what is causing this downward shifts in price, I am very adamant about both HOM and PDGE being way undervalued. Financial reports are very good, growth is good, I cannot find any negatives for either company.
A positive is HOM share value is beginning to move up very nicely. With so much in common, I would expect PDGE to do the same, in time.
Tomorrow morning's opening for PDGE, I suspect will be hot and furious. Our group's hope is to be able to jump in before prices go back up.
IP: Logged |
posted
not sure how much of an effect people speculating on FL hurricanes and how they will/won't affect ongoing business has been.
is funny, seems like i have frequently been invested in stocks where this is a "factor", at least in people's minds - IPII, PDGE, JMIH, even HD.
i'm too stubborn to sell any HD stock either, also a long-term hold. maybe is in part because i spent about $5-6k there the last 2 months, heh
IP: Logged |
posted
out of curiosity, is your bid being reflected as the best bid on your ticker? mine never do, for example if i bid 1.18 on 5000 PDGE, i'm sure the best bid on my ticker would stay at 1.16. was curious if things were different for you...?
IP: Logged |
I know there are lots of orders in at 1.18 per but those orders do not show. As I type, spread is 1.17 / 1.20 while many 1.18 orders are current, and of interest, last trade was at 1.16 per.
Market Makers rarely display actual bid / ask.
We are sticking with our 1.18 buy orders and will make a decision later today if we should bump up our orders a penny or two.
At 1.20 per, PDGE is still an excellent buy with strong potential for a ten cents per share gain over the next couple of weeks.
IP: Logged |
posted
re pdge I think this is a true value microcap and thinks it is rodney dangerfield. "Just can't get any respect". Someone from ihub sold because of lower profit margins (false btw) and tough comps for the next few qtrs. (Depends on hurricaine season as far as how many and how severe). Checked the recent forescast and they are predicting 7 hurricaines with 3 being major ones so it could very well be mots (more of the same) as last year. Wish I could buy more here.
IP: Logged |
posted
Man 4 A Penny, people are too impatient. My opinion is a majority of online traders expect to earn one-hundred percent profits in one day. Clearly an exaggeration on my part but a truism.
Despite my sarcasm it is very true online traders are in a hurry and do not like to invest effort into making money. They are self-centered which leads to unrealistic expectations and laziness.
Within context, if you can earn ten percent on your money in a year, that is very good. Earnings of ten percent over a quarter, is excellent.
I am more than willing to hold a stock well beyond a quarter to earn ten percent. ALMI, going on holding that one for two years, with profit very near three-hundred percent. PDGE, although my excitement leads me to think profits will be sooner rather than later, PDGE I am fairly sure will be a one to two quarter hold.
On your storm season, yes, I do expect certain companies to report significant profits after the season is finished, after repairs are made and revenue can be reported. PDGE might become a hold until the end of this year.
This impatience of online traders frequently works to yours and my advantage. These great prices on PDGE is a direct result of those impatient people selling off because they didn't earn their expected one-hundred percent profit in a day.
Works for me! They sell driving prices down to very good buy levels, I buy and wait. Later in time, I cash in on their mistakes.
IP: Logged |
I must say you have my research engines moving. Once you get used to some of the lingo- OK so I have a dictionary by my side, trends are easier to realize and make educational judgements on. PDGE so far is behaving as you have said, quite similiar to that of HOM. I am neck high in all these SEC filings. This research portion is rather addicting.
I do like the statistics on the PDGE client base. I believe that if they maintain a lower percentage in government/ public institution contracts, they will have a better shot at making and maintaining more revenue. Once a company relies on city/ state and public agencies, it is almost the kiss of death to become a major competitor in any field. The factor becomes state budgeting instead of disaster relief or other private ventures. Just my two cents of today.
-------------------- Life only has so many choices, choose wisely.
IP: Logged |
posted
"Once a company relies on city/ state and public agencies, it is almost the kiss of death to become a major competitor in any field."
Your comment is very true. CLSI is a prime example. CLSI is a company which specializes in parking lot services. Inherently, those services are aimed at governmental and quasi-governmental agencies. CLSI share prices are currently stagnant, which reflects a lack of money in the hands of government agencies, especially municipal governments.
CLSI is doing just fine with constant quarter reports of profits, but they are having a hard time expanding into the private sector. They are beginning to expand outside of government contracts, but are having to spend capital to do so, which keeps their earnings fairly flat.
Choice for CLSI is to work at dominating the market in parking services, which they are working at doing. However, they are still stuck within your comment about regulated revenues. This will not always be true for CLSI.
"I am neck high in all these SEC filings."
No doubt you are pleased to be so.
"This research portion is rather addicting."
Your reward is more consistent profits. Greatest mistake online traders make is not performing good research.
PDGE, like CLSI, exemplifies your comments. Those selling under 1.20 today, selling PDGE, are making a mistake most likely because they did not perform good research, but rather were winging it on a hope of fast profit, for no personal effort.
Since late 2003 / early 2004, those investors making consistent profits, have moved their money into value stocks. Yes, slower growth but more frequent small wins. Value stocks can only be found through good research.
It is all in the numbers, percentage numbers.
I urge you to continue with your learning how to research. I have never found learning to be harmful to a person.
IP: Logged |
posted
This game is certainly a lesson in patience. Though I may not be the smarter, one of my pennies rose to %83.5. I held through it though because I believe that company is going to suffer pumpers and dumpers for awhile before true value comes into play. For me, the decision to ride the wave or buy and sell is a tough one that I am still trying to work out a solid strategy for.
PDGE is quite frustrating. Even from $1.20 to $1.18 on Yahoo finance, orders are still being filled at a snail's pace. I am patiently waiting to get on that band wagon at $1.18. This order has been live for two hours. I hope to be able to acquire this one for a long term.
-------------------- Life only has so many choices, choose wisely.
IP: Logged |
posted
VG, only partial fills today. Most orders were at 1.18 per, a few at 1.17 per. The 1.17 per orders made no buys.
My order, got about two-thirds of what I wanted.
I have not yet checked in with my girlfriends to tally how much was actually purchased. My best guess is about half of today's volume went to us; not enough.
We had hoped there would be "close of market" fills on our orders, didn't happen. Appears sellers are holding firm to 1.20 per share.
posted
Ameritrade is showing that nite is sitting on the ask at 1.17 but no movement. I got filled at 1.17 this morning but I had only 400 shares wonder why its so slow no one wants to sell I guess
IP: Logged |
posted
Krysten, we do need to perform good research, need to make informed decisions, but a final analysis is the markets are a crapshoot.
PDGE is showing signs of gapping up, current spread,
1.14 / 1.19
Upward pressure continues to be applied.
My expectation is PDGE, next week early, will show volume at 1.20 to 1.22 and late week 1.24 to 1.26 per share. I'm crossing my fingers upward pressure will prevail as savvy investors take control of the market in PDGE stock.
IP: Logged |
posted
weird - a lot of playing "guessing the bottom" today. at one time had orders out for PDGE at 1.07, ALMI at .98, ETLT at .20, and FRGN at .43.
a hint of sunshine today in the otherwise very overcast picture for long-underappreciated value stocks lately was: NWD. very, very nice day for NWD!
IP: Logged |
posted
i spent much of last summer in CA, much of it beautiful but the traffic would drive me crazy, heh. of course, i can't afford it, also. really is amazing - very difficult for many people from any other part of the country except for maybe NYC and environs to move to CA. a friend of mine was offered a job at cisco out there when they closed the cisco office in ann arbor in a consolidation. and he turned it down for one and exactly one reason: the $300K he would have got for his average 3BR/2BA in ann arbor would have fetched him: a delapidated 2BR/1BA shoebox a 90 minute commute in CA. he instead is contemplating between moving to NC or finding another job here.
as for NWD, yup nice to see a value stock have a good day, haven't been many lately it seems like. you mentioned "almost forgot it", maybe this is actually a good strategy with stocks like NWD and PDGE and CLSI etc: buy them, try to ignore the often frustrating short-term swings and investor disinterest, and check back in 3-4 years and see how they did.
IP: Logged |
posted
There is comfort in holding value stocks, a type of investment you can forget about knowing share value will increase over a long period of time.
Fun to play volatile pennies but the real money is in long term value stocks.
IP: Logged |
posted
On California, although our population is increasing from across the border, more people are moving out of our state than ever before.
Baby Boomers are coming of age and money. Many of our values established in the Sixties, have not been lost to time. We still hold to our dreams of moving out to rural areas to lead a private and peaceful life, even if as Green Acres farmers.
We continue our search for a large parcel of land somewhere along the eastern Sierras in California. Eventually we will leave Southern California for reasons at which you hint; traffic, pollution, over-crowding, crime.
IP: Logged |
posted
I think i'm liking the smallcap long term stocks just because I could still go to school and not worry about the volatility in the regular small caps running up and down. Purl what is a good price to get into CLSI? or the other small ones that you had previouslu in the other threads?
IP: Logged |
To profit off volatile penny stocks, since 2003, you need to be on a live feed, constantly watching, constantly trading. Even so, it is becoming very difficult to profit to a degree to justify using so much of your time.
Long term value stocks, very safe bet.
CLSI, a good entry point is .017 or below.
You are to be cautioned CLSI is an extremely long term hold. CLSI is not right for everyone. My long term hold for CLSI means years from now.
CLSI will not fall below current prices, but it will take a year, two years, for prices to move upward to a significant degree. Blue will comment CLSI is a good hold for a child's college fund.
CLSI is little known, is not an exciting stock, and exhibits very slow but steady growth.
Part of this is a habit of CLSI to not release news until it is a "done deal." They do not release typical hype and fluff. News is far and few between, but their news is almost always good news. CLSI is well managed by a conservative team noted for not taking risks.
My suggestion is you only invest loose money which won't be missed. Money going into CLSI will not return a profit for a very long time. Patience is a must with value stocks like CLSI.
IP: Logged |
PDGE holding steady but still low volume. Still a surprise with such a good recent 10Q filing.
HOM, acting just like PDGE.
Both PDGE and HOM are reporting excellent profits yet prices remain stagnant. Hard to figure because PDGE and HOM are worth so much more than PWCL but prices are close to equal. Not a clue what is going on in trader's minds.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
