Friday, July 08, 2005

PPD $50

im watching PPD in realtime right now as it trades 6cents below $50. time to take profits? also, just wanted to say that i missed PFE's bounce off the $26.50 resistance today because i had to goto class!!!! i'm also mad at myself for missing the limit order (see old post) on QCOM yesterday. if i had just bid 15 cents higher yesterday, i'd be up 1.5 pts.......... UPDATE: PPD hit an alltime high of 50.20 before someone dumped a thousand or so shares dropping it down to 50.07. however, small volume buys continued to roll in above the $50 PPS. wow... i've never dealt with a stock with such low volume before. im going to watch this very closely as the market closes.


Anonymous Anonymous said...

You got out to early. There are 4 million+ shorts that are trapped. The Prepaid Legal memberships are growing at a rapid rate because of the new theft ID product and a huge increase in sales associates.

This stock will go to $60 and could easily reach the $75+ range.

7/11/2005 11:28:00 AM  
Blogger jwu said...

hey, im still holding onto PPD. last i checked, its holding at $52. i was an associate in the company until they recently killed my active status b/c of inactivity on my part.

prepaid legal is a good company and i really believe in their product. are you an associate? if so, it looks like PPD really is on the verge of a "paradigm shift"

7/11/2005 11:51:00 AM  

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