I am no chartist but I think PET is forming a plunging turd pattern.
Pretty much every step taken by management in the past 12 months has been a disaster. With no evidence I wonder whether the share price will drop sharply on this news and make the company vulnerable to an opportunistic lowball (likely Chinese) takeover offer.
I am now in so deep I will likely just hold on for the ride.
PS - To all the people saying "I believe in the product etc" I would say that is totally irrelevant when the management of the company is so abysmal.
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