dossandt i agree with you aussies dont have a clue on many things out side miners
however...here is some food for thought.
DNDN (who PRR is OFTEN compared do) had a MC of around US$300million before they shot up to $30 a share. Now at what stage of their life cycle were they at, and where is PRR now?
Dont get me wrong, PRR is a great LT company, and anyone not wanting to look at their portfolio for the next 2 years will probably find themselves sitting on a small fortune.
However I am of the view that there will be a pull back, unless an announcement is made next few trading days regarding nasdaq. And if it is the big boys buying up NOW as some suggest, then its possibly insider trading as it would have made sense for the sp to be at 40c back at end of Jan 2011 as that is when we were expecting the announcement for listing.
Now that announcement of nasdaq has been over delayed, and all of a sudden in 7days PRR goes up 80%, im suprised no speeding ticket has been issued.
dossandt i agree with you aussies dont have a clue on many...
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
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