Some posters (cheer squad) need to give it a rest, PNA fell 7c today so it was only the traders that pumped it up to 48c
I just hope that no one got sucked into buying PNA at 45c+ thinking this Global economic fiasco was over.
This market will trade in crazy swings (positive or negative) at the moment it is mostly negative. But you could tell that PNA was going to bounce of 30c if it held that price, and it did.
30c will again be tested in the very near future. Steady price appreciation will be put on hold for at least 18 months. Trade the Swings there is some money to be made.
PNA Price at posting:
33.1¢ Sentiment: Sell Disclosure: Not Held
