The price chart was pretty flat for most of the day. Maybe the bots reached a gentleman's agreement between themselves to exchange shares around that price. With artificial intelligence, who knows what they might get up to. "I'm sorry Dave, I'm afraid I can't do that"
I will be interested to see what the short interest reports for 16 & 17 Feb show when they are released. Was I right to attribute the fall at the open on Wednesday to shorts trying to shake some shares loose so that they could cover? If the shorts didn't flinch on 16 or 17 Feb, they must have balls the size of a planet.
I am pleased that Goldman Sachs have raised their assessment of PME. GS have raised their target price from $25.90 as of 13 Feb, to $53.90 as of yesterday, and changed their sentiment from neutral to buy.
Alphabet can have mine for $100, but they had better not dawdle.
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