I have been pouring through companies on the market and check this out… PPSI (Pioneer power solutions inc)
They have huge peaks over 15.00 per share, 90% of their time since they have been on the maket in the past decade are over 5.00.
They did what they typically do and dropped off to near their all time low. They are gonna start peaking soon. They were at 2.18 when I last looked. Now they are 2.48.
If I could throw ten grand at them I would and pull out at $5.00.
I am getting better at predictions off current events bit this one statistically is a no brainer.
The key in my opinion which is the opinion of a broke guy, is to find these spikers and volatile stocks that have hit the floor and done so for a decade.
If a decade long history shows peaks and falls like this, they have spent the vast majority of their time over double the current value, and they are near an all time low… Buy!
I am gonna post updates this spring and summer if I can remember to show what this stock does.
Gonna post a ten year graph next.
This is a great short term buy in.
The other key to me is to not get as greedy as others. If you double your money, then pull out for Gods sake!
It’s when you get too greedy and dont play the statistics safely that you wind up holding your ass.