a sinking ship!, page-7

Just be careful on the timing.

I have followed PAN for many years. A bit like OZL, a pure play, no debt, with cash, but Nickel not copper.

I remember when they hit $6, and then got smashed to 80c during the GFC. I thought, sell the house, sell the cars and go buy PAN.

I then watched it bounce back to $3 in the following years.

Then 12 months ago I watched it fall back to 80c. I thought this is crazy, buy buy buy.... but I didn't.

6 months ago, it fell to 50c. I thought, this is madness, I should buy buy buy.... but I didn't.

Today it closed at 28c.

Just don't underestimate the headwinds.... stocks usually overshoot and undershoot.