patrick.net

I love watching stocks like this, for several reasons. Number one, never under estimate the American consumer's desire to buy as much useless junk regardless how hard the times are. Number two it's a cheap thrill. Just look at all of those peaks and valleys. You can really clean up on this stock buying the dips and selling the peaks. At 75 cents, I could see it going back to a $1.50 by the first quarter, if they did a good Halloween and the Holidays ahead. The third quarter report was through the end of September, so their October sales might have not been included. A lot of people went all out this year.
Those dips are always wild 30 points or more swings. I think it's more than a penny stock. Party City is a zombie brand, that seems like it isn't going anywhere. Just when you think they are down for the count, America goes on a binger, and boosts their next earnings report.