the colt from old regret, page-37

There was no pump today, simply the beginning of the offload process.

First bite into 0.3 cent, always like clockwork with PNO.
Next step will be a clearing of 0.2 cent with strong buying into 0.3 cent, as I see it.


30 mil taken off the sell side again, preparing the next push, probably not today but within 3 days from now, I would assume.

This is a process which should last a while prior to news, so when news are out they already ideally cleared 40 to 50 % of their holdings and cash in profit with selling higher in the rally.
All brokerage firms want cash guarantees these days, nobody simply risks the entire outlet for a CR in one bet.
That is why I suspect underwriters being busy prior to news in pumping price in small spurts.

The usual procedure with PNO would see the third push to be much larger than today's.



We shall see soon..)

As previously noted, ever since the CR of OBJ with monies made available towards their own products, PNO has become a buy for me.