PNO will bounce and will go up soon.
ive seen so many stocks get mistreated and with that, same posts appear.. as if the company is going to go under.
The fundamentals are good this is the most important thing.
PEN 11c to 2.8c back to 7c
SSC 2c to .004 back to 4c
PRR 1c to 8c back to 1c back to 30c
NSL 4c back to .007c back to 4c
these stocks i followed in the past, i have seen it all before.. dont get fooled by wild swings. so long as the fundamentals are intact , the share price will follow suit. Sometimes the market wont react to ann due to company having to show its faithful side of following the strategy set out . ie - in the shareholder update.
The only time imo, one should worry about a dramatically falling share price is if the fundamentals isnt good .
This is why i try to stay clear on oil and gas explorers. These are hit or miss regarding company making. PNO have been building for yrs. its slow, painful and very frustrating.. but its building.
this is my view. i will continue to hold.
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