Unfortunate overreaction. One of my favorite investment teachers William J. O'Neil, developer of the CANSLIM investment method teaches that Director's selling shares does not mean there is a problem with the company, it could just mean he/she needed the money. On the other hand, Directors buying shares, means they have great faith in the company's future.
I am not holding PNV atm, sold a few weeks ago, as I am a momentum trader, however this selling, considering the CANSLIM fundamentals, it does seem ridiculous.
Not a fan of trying to catch a falling knife, so I am waiting for turnaround signals to get back in and there will be a turnaround, I am sure of it.
PNV will one day be a $10 Billion company.
GLTAH.
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Unfortunate overreaction. One of my favorite investment teachers...
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Last
$2.61 |
Change
0.090(3.57%) |
Mkt cap ! $1.801B |
Open | High | Low | Value | Volume |
$2.59 | $2.66 | $2.58 | $3.183M | 1.217M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19229 | $2.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.62 | 3084 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15952 | 2.610 |
2 | 1339 | 2.600 |
1 | 1945 | 2.570 |
1 | 5859 | 2.560 |
1 | 1636 | 2.550 |
Price($) | Vol. | No. |
---|---|---|
2.620 | 1636 | 1 |
2.630 | 3333 | 2 |
2.640 | 1636 | 1 |
2.650 | 19763 | 3 |
2.660 | 26946 | 5 |
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