what you failed to understand that the announcement was for beta cell and nothing price sensitive for PNV.
again let me give example...!
a mining company found a commodity by doing 3 drills and issue positive early find announcement, now if the mining company share goes up then it is understandable but here the company that provides drill getting and jumping up and down without realising that mining company can change equipment, mining company had not signed any permanent contract, mining company can even failed further down the line, mining company will need lot more funds and a decade worth time which isn't going to be smooth selling but all this should not impact the company providing drill because your main business is to supply drill have no ownership or monetary benefit from the outcome after few decades ..LoL
PNV Price at posting:
$1.51 Sentiment: None Disclosure: Not Held
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