PRKR Follow-Up

This is a follow-up to this. 

So, PRKR never slid as low as I hoped. Ever a contrarian, I look for cheap entry points with the enthusiasm that everybody else applies to fancy exit points (the former sets the stage for the latter). Maybe it's the Jewishness in me, but I've kept hoping for a lower price, and never bought, and I may soon get squeezed out when PRKR's big trial date gets announced. The current price of $1.20 is probably low enough, but I'll stubbornly keep waiting, and hope to buy some at $1.10 and maybe more at $1. If this were easy and relaxing, everyone would win. 

As I explained last time, when trial date gets announced (god only knows when), it should shoot up as the faithful scurry to get back in. As trial grows closer, it should shoot up more, as the hotshots cut in last-minute in their Maseratis. And I fail to see any reason it won't reach something like the $1.86 it hit last time. Which would be awesome. 

This play I am advocating compels dumping everything before trial starts (whence little twitchy tells from the judge could start spooking investors). 

The shares I bought at 40¢ I will let ride through trial and perhaps beyond, but that's speculative, and I'm prepared to kiss them goodbye. But if I get another shot at $1.10, I will take it, and pay the high taxes on the (hopefully steep) short term gain, selling on the trial's first day. 

And let me tell you something about me: I’m often right about stuff (good analytical skills + ample intuition is a rare and useful combo), but when I fail, it can be spectacular. So be careful out there.