Tuesday, December 18, 2012

Tuesday Afternoon

Daily Chart: PLT (11:15AM)
Here's a stock that's been making a nice move higher and broke above a long term trend line.  There is also significant short interest according to Finviz.  The short ratio is 13.76 with 5.57% of the float short.  The ttmP/E is 14.53 and forward P/E is 12.17.  Options are terribly illiquid so I won't be trading but if you like the common this one could be for you.

I used their products for many (25+) years and they were the market leader.  I believe they still are.