Hey everyone, new to the cats site; jumped over from MM. Had one hit my radar today, PRPL; looks to be walking up nicely. I have not done any DD yet but Level II looked good this afternoon as well as volume. Anyone else looked into this one? Great to be on a site with such excellent traders like the cats gary and paul!:D

welcome to stockmarketcats glad you have done the dd on this one because we have some guidelines for starting threads http://www.stockmarketcats.com/showthread.php?t=197... so could you add some basic info about company, like full name of company - o/s - company website - any dd that you think is pertinent, which will save others some time and also give them an idea as to whether this is a stock they are interested in.. many thanks!

tincup glad to have you with us and welcome to smc:D

Thanks for the welcome; a little bit of info:


Park Place Energy Corp. website:http://www.parkplaceenergy.com/

O/S: 61,477,800 as of 7/25/07

Haven't found much on this co. yet, including float. Again, I just noticed nice volume with steady gains. Yesterday afternoon showed good bid support in the 1.20-1.23 area with minimal resistance on the ask side. Take it for what it's worth, I'll be watching this today for possible entry.

tincup

Been adding on the dips all week. Still looks strong, needs to break 1.30 with conviction. If it does that, 1.50 is probably realistic by next week. That pullback to the bottom of the ascending channel this week was nice.