Penson Worldwide, Inc. (NASDAQ:PNSN)

CAPS Rating: 4 out of 5

The Company provides a range of critical securities and futures processing infrastructure products and services to the global securities and investment industry.

Recs

1
Player Avatar IcarusEquity (< 20) Submitted: 8/11/2007 4:28:55 PM : Outperform Start Price: $19.10 PNSN Score: -93.67

This stock has been beaten down badly and experienced a one day decline of 25%, due to news of lower net interest generation. PNSN is managing ways to rectify this issue to prevent it from happening in the future. We are currently looking at bargain basement prices, as I rate this stock a buy. Look for a breakout above $20 a share, if it doesn't breakout. Look to get out at $20. Short term interest only, watch in the coming weeks.Strictly technical analysis, although the fundamentals don't look bad at all. Needs to get above $20 a share for my long term interest to occur. There are certainly better sectors to be investing in at this time. Money is better invested in tech, shipping, minerals, or emerging markets.

Featured Broker Partners


Advertisement