** breakout ** $1.26, page-7

re: ** breakout ** $1.26 - insider accumulates Nice feeling, huh, Insider?

I started accumulating PDN at 7 cents, and now have a bucketload with an average buy price of about 50.3 cents. There is no sign yet of this trend abating - no sign of the "bend at the end" - so we need to be carefulo that while on the one hand, we keep sensible stops in place, on the other hand, we don't want to get shaken out of this prematurely. I remember thinking of CTX at $3 as being as high as it would go, but fortunately hung in there and got out at about $14. Now it's around the $17 mark. So the analogy with PDN is - don't think that the end is nigh before it actually arrives. There is still a lot of upside potential in this one, especially as the Americans and Canadians are starting to buy in. SMM is the same - ride that trend for all it's worth :)

Happy trading