Both IMU and RAC are not moving forward today and hence rebalancing of IMU/RAC/PTX by some SHs should be continuing. Right now, I see huge pent-up demand for PTX shares given her super cheap sp status relative to that of IMU/RAC, like mosquito mc versus gorilla mc.
There is something called psychological level of price...at below certain sp level, people see the stock as "Crappy" and once the sp clears above certain level, people will see it as "excellent". For PTX, it could be 20 when which is hit, you will see a upward journey to the sky.
DYODD. Stay tuned!
PTX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
