18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
PGTI stock is owned 68% by insiders and 30% by institutions, which tells you that there are very few shares out there. If buyers continue to come in, one could have a major squeeze (as it happened in late July of this year from $4 to almost $6).
Appropriate. One of few times I have been able to relate to your “taste” (if it can be called that) in music…..
Looks like hurricane plays might be the focus tommorow. Look at IPII….. already up too much…
take a peek at PGTI (nasdaq)
The company was profitable in the last quarter and the float is only 7.6 million shares, with 727,000 of them (almost 10%) have been sold short.
http://www.bloomberg.com/apps/quote?ticker=pgti
The chart is looking very good, as the stock is above the 10-day, 30-day, 50-day and the 200-day moving avgs:
http://stockcharts.com/charts/gallery.html?pgti
PGTI stock is owned 68% by insiders and 30% by institutions, which tells you that there are very few shares out there. If buyers continue to come in, one could have a major squeeze (as it happened in late July of this year from $4 to almost $6).
http://finance.yahoo.com/q/ks?s=PGTI
Notice that the Point & Figure chart at the bottom is Showing “Bullish Price Objective” and a $11.25 target.