150k? that doesn't sound too scary does it. I'll tell you what they won't do, they won't sell any to me at 22.5c!
The ability to absorb 2m shares, nearly $500k's worth in 2 days, suggests to me things won't get much worse from here. Big volumes often signify bottoms as well as tops. If there was another 2m to go that would be a problem, but if all we have to suffer is a few mums and dads doing a fy clean up then we should be alright. Today was the largest volume since September 2005, which was also the time the company hit it's all time high of $4.39, but that was a very different company.
The downtrend on the chart is firmly intact, but I'm going to guess it will break in the next week.
PGC Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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