Add to Favorites

PFMT update - I'm Long at $3.00 target

Currently the RSI for PFMT shows the stock is beginning to be undervalued. I watch a few things to decide if I'm going to stay long on a stock.

1. Insiders - several recent buys in the last 6 months indicate postive trends from institutional ownership to directors. https://slatersentinel.com/news/2019/12/20/performant-financial-corp-nasdaqpfmt-sees-large-growth-in-short-interest-updated-updated-updated.html

2. ValueEngine just upgraded the stock yesterday to "Buy". https://rivertonroll.com/news/2020/01/01/performant-financial-nasdaqpfmt-upgraded-by-valuengine-to-buy.html

3. Technicals show some rebounding occuring - https://www.tradingview.com/symbols/NASDAQ-PFMT/

4. Financials show profit losses but still growth.

I'm long at $3.00 target

6 month chart shows a decent trend of growth

pfmt-price.jpg

Comments

Be the first to leave a comment on this post.

Leave a comment

To leave a comment, please log in / sign up