I know the feeling superox. I have been a long term accumulator of this stock from 75c to $2.20 (15c before consolidation). It has been a frustrating time watching the stock price being manipulated down by shorter / day traders over the last six months. However, I think todays price drop is a reflection of the copper price getting a hammering on the LME. The price of copper has dropped by a massive 5% over the last few days, dropping below the long term average of $3.20pp to just over $3.00pm. Lets hope this is a short term glitch.
I still have faith in this miner and hope things will turn around over the next 12 mths. Let the shorters have their day for now.
PNA Price at posting:
$1.70 Sentiment: None Disclosure: Not Held