Gee ,in these extremely volatile times keep it simple IMO. If the spot goes down to under 40 the s/p may go to 50c. If the spot goes to 55-60 the s/ p may go to $1.50 , based on my observations over last 12 months irrespective of what the market cap is. The market just reacts to the spot price seemingly. On that note we should be in for a down day Monday and an up day as soon as the spot rebounds. Who needs charts, Technical analysis. Fundamentals , shorting, longing, personal views etc. Spot the spot! I may be wrong of course.
PDN Price at posting:
88.0¢ Sentiment: None Disclosure: Held
