Breakout Alert 8: $PPC


On August 03, 2017, $PPC broke out from its previous 52-week high of 7.07/share with above-average volume. Its current exit price is 7.07/share. Buy above exit price, sell immediately when it falls below.

Pros:
  • Trending up since November of 2016.
  • Inactive stock that suddenly shows up.
  • Gross revenue and net profit for the first half of 2017 grew by 39% and 34% respectively (based on its 2nd quarterly report).
Con:
  • Fairly illiquid stock. When an illiquid stock goes down, it goes down bad like what happened to $PMPC. But when it goes up, it goes up like a rocket going to the moon.

CAVEAT EMPTOR

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