7th straight week of sp growth

Just might be worth pointing out the strength of this stock in recent times. The following is the closing price on Friday of each of the last 16 weeks.

Note that, as at the end of each trading week, PEN has closed higher than the previous week for the past 7 weeks straight.

A breather is no surprise, but the genuine strength over the last third of 2010 is evident, with the price almost 2.5x what it was four months ago. I am sure the chartists will have a more complex way of presenting this but my simple approach works for me.

$0.038
$0.040
$0.044
$0.043
$0.048
$0.057
$0.063
$0.060
$0.058
$0.059
$0.070
$0.071
$0.072
$0.075
$0.088
$0.093