They sold took there losses to offset any profits they had made this financial and then they bought straight back in again.
I have done this many times.
The bad thing is to many normal everyday investors are freaking out and selling at a loss just before the stock goes. Everyone has to remember the important thing with this stock say have proven reserves and money in the bank with a lot more on the way.
Anyway I will be holding for a while yet and will be over the moon selling at a very large profit. I feel for those who have either been scared into selling and pity those who have no patience.
I have buys in place also so more than happy to take shares of peoples hands at these prices.
Anyway Good Luck All Bob
PDY Price at posting:
2.0¢ Sentiment: ST Buy Disclosure: Held
