The last 2 days were difficult for PXLW and cannot blame the one who took some profit. Great job.
Now do not forget the fundamentals and unles they post a very bad surprise on Q1 2010, they are still poised to climb to the next level about 5,25$.
FOr the past 2 quarters, their results have been on the upper scale of management guidance and they expect 0,40 in profit for Q1 so the maths are easy: 0,40 * 4 quarters = 1,60$ per share multiplied by a very low conservative number pf 7 (tech companies normally use a factor between 10 and 15) then you see the potential being 11,20$ per share for this year.
It will not climb there in a one shot frame but expect end of Q2 (June 210) to be relatively close to 6$ unless bad news happen.
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