tested a brokers website today with a free trial period.
interesting to read their Sept 2007 buy recommendations just before the dow peaked and started its downward spiral.
one of its buy buy buy recommendations was PEM at over $4!
amazing what a gfc can do to both good and bad stocks.
PEM now 43c and brokers in Sept 2010 say sell sell sell because a Sept/Oct crash about to happen!
well how low can it go.
risk to reward. happy to accumulate PEM at these levels to sell into a better market. brokers will then say buy again. well the easy money is here and now at these levels.
nice run to 51c the other week. will see if dow can hold up and should then see PEM recovering nicely. if falls back then sell and start again until finally see a recovery. just takes time and patience.
merger with cbh, page-10
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