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PXLW PUMP/DUMP of 09/07/2007
We are watching and trading PXLW for several months. And know the stock behaviour well. Now wecan say, that the real stock price is about $1.46, it is strongly overvalued. Smart people! do you think any stock could rise 20% a day with no news, no update to ratings or anythingat least fake information? It was typical pump and dump scheme, yesterday several so-called penny online stock advisory sent out a message to Strong Buy PXLW, then they sold their stake at avg. $1.85 as you can see from trading history. Now it seems to be a long and slow DUMP down to $1.55-$1.50 P.S. After making this research yesterday's aferhours, we decided and placed our short position at open, now in godd profit, waiting for huge profits on sliding down. Make your own analysys and decision.
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