Dear Boarders, Any idea why this stock is losing its momentum post announcement of joint venture with Ashmore. Thought the news will be a trigger for further upmove... Could you pls share expected target for this month end..?
PTC is not a momentum stock but it is a strong giant in making. It will become traders stock once all plans (as planned by company) are at least started. But by that time it should be in range of 180 or so. Keep adding 100 a month. By 2012 when new power generated will hit the market, PTC will be leader in power trading. Also, with capative power, as planned, PTC should earn a good profit. I am impressed by its growth.