Thursday, May 31, 2012

One stock that doesn't care about external noise

This market currently is heavily influenced by rumors and news coming out of Greece and Spain.  So far the bounce is not supported by breadth.  It is best to sit in cash and watch the fun from the sidelines.  However, PKT is one stock that caught my attention which has been acting right the past few days. The catalyst seem to be a news on 05/29 about a $3 million follow on order.  Recent earnings have been excellent.  When the market turns this is one stock that could take off.

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