Monday, December 26, 2005

PETS IBD 100 Placement

Thanks Michael for notifying me about PETS and its placement in the IBD 100 next week.

"Today I am alerting you that PETS (Nasdaq) will be going in the next IBD 100 list, which is due out in Tuesday’s (December 27) paper markets are closed on Monday.

PETS currently has a public trading float of 16.6 million shares. Out of which, over 11% are shorted. Please note: The insider sales since August 2005 have mostly been pre-planned sales. Since those have started, the stock has gained 50%, so this should not be looked as a near-term negative.

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