PhotoChannel Moves to Australia
Yesterday, PNIWF announced the COSTCO service had started. So, why wasn’t this market moving? Simple- because everyone already knew it- no surprise there.
Today, PNWIF announced it had entered into a deal with Kodak to expand online photo processing into Australia. This is news. I didn’t know about it.
One would think this is market moving news, but clearly the audience for this stock is not quite paying attention.
They have been kind of dropping the ball on shareholder awareness. Not much has been coming out of PNWIF of late.
Boys- time to ramp up the information flow. Get this darn stock north of $4, jump to NASDAQ SC, and let’s rock from there.
I don’t have time to provide a chart right now, but comments and questions are welcome. This one could be big winner in the second half of 2008 and well into 2009 and beyond.
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so much good news coming out of pnwif..surprised it gave away today..i for one bought more..why is this thing not moving after sams club,costco,australia and hallmark news…revs are gonna go quite strong..
Editor: I believe it’s lackluster performance is simply reflective of the current market. These small surges in the micros are only short blips up. These companies are really delivering outstanding results, but the stocks just cannot get any traction. If it’s not energy related, it’s not moving if it’s small. There isn’t any new money coming into these stocks at this time. If you have faith, you recognize this will not go on forever, and the good ones like a Photochannel will move up when money starts to flow this way. PNWIF is also a good candidate to be taken out. It’s trying my patience, but this pretty much has to resolve to the upside eventually. I would advise just waiting it out. We are past they point where the stocks are going down. We’re in the endless sideways consolidation phase.
Comment by tom — 5/8/2008 @ 1:09 pm
Why don’t these people get a firm to get the word out on this company?
Editor: Very good question- I know they have worked with some folks in the past, but there doesn’t seem to be any kind of concerted effort at present.
Comment by mike — 5/1/2008 @ 5:47 pm
Has the switch been turned on for Costco and Sams Club? This is the whole success for us to get to the next level, right?
Editor: One would surmise, but it has not been reflected in the stock price. The senior management has a laisse faire attitude about the market- they just figure if they perform eventually investors will figure it out. I prefer companies that don’t leave this to chance, but that is what is supposed to happen in an efficient market.
Comment by mike — 5/1/2008 @ 5:38 pm