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PK has risen 20% today

Posted on 3/25/20 at 11:48 am
Posted by LSUGrad2005
Member since Aug 2018
669 posts
Posted on 3/25/20 at 11:48 am
What is the boards opinion on this one? I know none of us really know but do you think this one goes down to $7 or lower again?
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167089 posts
Posted on 3/25/20 at 11:52 am to
I think today and yesterday is setting up a bull trap, dead cat bounce, whatever you want to call it and I am usually optimistic on the market.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 3/25/20 at 11:57 am to
Well I bought @ 4.46 so I lucked out regardless
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 3/25/20 at 11:59 am to
I bought at 4.40 last week. I’m stoked
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5135 posts
Posted on 3/25/20 at 12:09 pm to
Cash out?
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 3/25/20 at 12:16 pm to
No, I’m holding it for a while longer. It was consistently over $20 before this so I’m going to wait til it gets closer to that. I have 400 shares so I may sell enough to get my initial investment back at some point
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/25/20 at 12:21 pm to
i got out at $9. hoping for a buyback under $7.00
Posted by 632627
LA
Member since Dec 2011
12716 posts
Posted on 3/25/20 at 12:29 pm to
Goes ex dividend in a few days.... no mention of a cut, right ?
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5135 posts
Posted on 3/25/20 at 12:35 pm to
Same.
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2917 posts
Posted on 3/25/20 at 12:37 pm to
Dividend will be cut after this pay period at month end. I think they are 0 it out. I got in at 4.75
Posted by dirtytigers
225
Member since Dec 2014
2459 posts
Posted on 3/25/20 at 12:48 pm to
Got out today at 9.25. I wanted to ride the wave back all the way up but I got greedy and took the quick profit. I've got that same feeling itll get under 7 again sometime tomorrow.
Posted by LSUGrad2005
Member since Aug 2018
669 posts
Posted on 3/25/20 at 12:52 pm to
That was my thought I got in around $7.00 and I am looking at taking profit and waiting to see if this comes back down to around $7 again.

Just wanted some others opinions
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2917 posts
Posted on 3/25/20 at 12:52 pm to
It may but I plan on holding this long term. If it drops to around 5 I may purchase some more.
Posted by Speedy G
Member since Aug 2013
3890 posts
Posted on 3/25/20 at 12:55 pm to
Technicals say it is trying to close the big gap b/w 11 and 12.
Posted by LSUGrad2005
Member since Aug 2018
669 posts
Posted on 3/25/20 at 12:57 pm to
I eventually want a long term position but if I can trade it for a few weeks and increase my eventual long term position it would be beneficial.

For transparency I am sitting on roughly $1,000 gain at this point so if I sell and wait a week or so and it comes down I can purchase additional shares with that money. I know timing the market is hard but you have to think that this will go down at some point until people can start traveling again.
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 3/25/20 at 1:08 pm to
Yea, I’m torn on selling PK and hoping it drops again. I had it at 4.40, sold at 7, bought back at 6.25 and here I am
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2917 posts
Posted on 3/25/20 at 2:18 pm to
That's pretty good. I'm up about 2 grand. Maybe buy some put options
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/25/20 at 5:09 pm to
quote:

Got out today at 9.25


nice almost timed the top
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6112 posts
Posted on 3/25/20 at 5:24 pm to
Got me 90 shares at an average of $6.61 over the last week or two.
Posted by dirtytigers
225
Member since Dec 2014
2459 posts
Posted on 3/26/20 at 8:20 am to
Not only were we wrong but DAMN its up 30% today
This post was edited on 3/26/20 at 11:07 am
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