Hey Scientist10, thanks for sharing.
I notice on various forums that shareholders have a sentiment of personal ownership on a psychological level it seems with a stock they buy in to...they fall in love with the stock..
I remember when RIO was $150+ and yet in 2009, I bought in to it in the $30's level per share with two accounts..one I traded in a channel uptrend up to just before the rights issue at $82, and the other I just left in and sold after I received a cheque for the rights issues.
Both were positive because I was in a stock that had been completely oversold and in hindsight was going to make money on anyway..
Is PDN one of those stocks too....it remains to be seen..
There is a point when a shareholder needs to make a decision of when they will get off the boat so to speak...
PDN in a way was RIO at $150+..
Are we buying in at the oversold of the $30's so to speak...
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Hey Scientist10, thanks for sharing.I notice on various forums...
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Price($) | Vol. | No. |
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