Thursday, August 25, 2005
Penton: Interesting Day
PTON.OB: Summary for PENTON MEDIA INC - Yahoo! Finance
Probably just day traders messing with the stock, but Penton rose 41.43% today, on volume of 433,480 shares, about 6.8x the average volume for the past three months.
Of course, that's happened several times before.
I tend to think that Penton's (current) market capitalization of $17 million seems low, even with the debt load. But I'm probably biased.
Disclosure: I now can buy 41.43% more cups of coffee with the value of my vast Penton holdings. That is, until tomorrow.
Comments
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Probably just day traders messing with the stock, but Penton rose 41.43% today, on volume of 433,480 shares, about 6.8x the average volume for the past three months.
Of course, that's happened several times before.
I tend to think that Penton's (current) market capitalization of $17 million seems low, even with the debt load. But I'm probably biased.
Disclosure: I now can buy 41.43% more cups of coffee with the value of my vast Penton holdings. That is, until tomorrow.
