Fair enough tutes, I see where you are coming from.
For what it's worth, U spot is now $34/lb which was long considered by some to be the support level, I hope it doesn't turn into the resistance level.
Also, I wouldn't consider 1.3m shares a big order, if we get near 3c and the 3c line starts to get loaded with sells it may be a little harder to push though, it'll depend entirely on what news we get (if any) in the short term, let's not forget that there's an AGM imminent - we've all seen lines getting wiped quicker than you can blink.
Who really knows where this is heading. My guess would be as good as el capo's / karlos' so i'd rather not.
PEN Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
