Yeah, I agree there is usually a reason or motive to short a company. But if you have tracked this stock the past 5 years it’s like clockwork. The correlation graph between the shorts vs the share price retreating is like a mirror image. There is usually a massive spike in the shorts by at least 4-5% from where it was before they started the attack, the share price plummets. DW comes out in with a few purchases, the shorts bail and the price storms higher only to happen all over again over a 1-2 year cycle. Not saying Pnv was price correctly at 2.50 but it is definitely not a 1.50 stock imo
PNV Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
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