WOW ! What a nice leg up today.
After a set back (time to take some profit) i would not be surprised to see another push tomorrow.
This is clearly the winner of this week (so far)
Expect also a return to the 5,60-6,00$ for PXLW. It was major profit taking before earnings. remember that for the last quarters, PXLW has always been at the top of managmenet expectations and if it was to be the case again for Q1 2010 it would mean about 0,40 cents profit per share or 1,60 annualized profit. Techno caompanies often get up to 12 X their revenues per share as a valuation. It it was to be then the next value within the next 3 montsh would looks like 19,20$ per share. Personnally i would be very satisfied with a share price of 10$ meaning only a 6X net revenues.
Will see but i think it is possible.
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