pdn a target lower volumes, page-6

Friday again....so don't expect any big moves....take the day off...
very low volume 1.8 mill

buys 1.84 m ver sells 1.82 mill.

appears to tell the story...its held tight

and its under the complete control of majority shareholders

will stay in a tightly controlled trading range.....

for the rest of the month it will be a case of squeezing out any investors who they can spook.....

any bad trading sessions in europe and the USA will assist them to these ends

the lows of 41.15 may have had the desired affect but also brought in outside small investors.....an unintended side affect.....
the rises may have weeded them out for the taking of some small profits...Dt's would have ,for the most,taken the profit and run.......hoping for another low......

the market maker(s) appear to be the big holders of this stock......have they got their fill...or do they still want more.......
...but not at the risk of losing a tax loss advantage......
...will probably drift sideways over a tight range till the end of the month.......

can't see Pdn releasing any market shattering news in june...so its a case of sitting back and waiting for the new financial year........

well at least the greeks next elections may have changed direction after the issuing of an arrest warrant

this could change the voting pattern next time around

see below
A Greek politician is being hunted by police after the country's election campaign turned into an ugly brawl on live TV.
The spokesman of the extreme-right Golden Dawn party, after trading insults of "commie" and "fascist" with two left-wing politicians, lunged at the women, smacking one three times across the face and throwing a glass of water at another.
The violent display a week and a half before crucial elections has stunned Greeks as they seek to avoid a catastrophic exit from Europe's common euro currency.

A prosecutor issued an arrest warrant for Ilias Kasidiaris, whose party alarmed Europe by gaining 21 of parliament's 300 seats in Greece's inconclusive May 6 elections.
Golden Dawn, which vehemently denies the neo-Nazi label, has been accused of violent attacks against immigrants in Athens.


Read more: http://www.smh.com.au/world/greek-political-smackdown-on-live-tv-as-extreme-right-figure-punches-female-rival-20120608-1zzo0.html#ixzz1xAhYdZbT

Read more: http://www.smh.com.au/world/greek-political-smackdown-on-live-tv-as-extreme-right-figure-punches-female-rival-20120608-1zzo0.html#ixzz1xAh0QG3e