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Author Topic: PTFC
mbmurray
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06 +20%
8.7M O/S

TOPS a private company bought all the assets and liabilites of PTFC to avoid bankruptcy. TOPS does almost $1B in revenues, looks like it might be coming public thru PTFC. Was a $2 big board stock couple months ago...
Posts: 463 | From: Virginia | Registered: Apr 2008  |  IP: Logged | Report this post to a Moderator
littlefish
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Thanks for the heads up... I am going to start watching this one
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rdweinert
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looks over bought on Fri. RSI soft. downward on Mon perhaps.
Posts: 170 | From: Great Lakes, IL | Registered: Jan 2010  |  IP: Logged | Report this post to a Moderator
littlefish
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accum/dist is headed down fast too... looks good to play when it dips, which is sure to start Monday imo

Sorry for anyone who had this before the r/s, but it looks promising for a buy if it bottoms at about .016 and the volume declines on the pullback.

I'll be watching the chart
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mbmurray
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What R/S? The A/S is only 15M! The O/S is 8.7M, bankruptcy brought this down from $2 to 0.006, nothing else. Going to go back up, IMO...
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mbmurray
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accum/dist down quite likely due to the improper tape reporting, all transactions are printing as unknown.

Tape is in blackout


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46371739
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littlefish
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I'm not familiar with that problem. Sounds like it would really mess with the charts.

I also think it will go back up, I just haven't seen a clear indicator that the reversal is happening. I expect to see confirmation tomorrow, at which point I am getting in [Smile]
Posts: 38 | From: Boston | Registered: Jan 2010  |  IP: Logged | Report this post to a Moderator
   

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