The people talking about selling are just getting nervous because of the relatively rapid rise in the share price. I agree with you - there is no sign of trend weakness yet, and remember that most of the $5 stocks started out as 50 cent stocks at some stage.
Me - I'm hanging on to my PDN stash, with a stoploss set at 0.84, the last support level where there was a small bounce. As I've been in it from very early, and I hold a big lot, the loss will be several thousand dollars if my stop is hit, but nothing compared to the profit, with which I will be well satisfied.
If the trend starts to show signs of weakness, I'll move my stop up very tight.
But I won't be selling just because I got nervous like those who are talking about selling now. There's plenty of upside left in this one yet in my humble opinion. :)
help me out here., page-2
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Last
$11.74 |
Change
0.290(2.53%) |
Mkt cap ! $3.511B | |||
| Open | High | Low | Value | Volume |
| $11.54 | $11.96 | $11.27 | $34.85M | 2.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39237 | $11.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.75 | 307 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |