I have recently come across some commentary on unscrupulous members of the Canadian Banking Industry (who are mining industry financiers)who agressively short mining companies knowing they can cover at greatly reduced prices.
Nothing new here I guess but it was interesting how blatant these people were. This was from an audio report on Financialsense.com I may post the transcript if and when it becomes available.
If you're interested in having a listen then go to http://www.financialsense.com/fsn/main.html then go to the third hour and find this: The Agency Issue: Conflicts of Interest, Fraud, Corruption & Crimes Against Investors with Eric King
It's just that I'm feeling a little unhappy that PNA is copping a hiding at the moment and I'm grasping for a reason....but deep down I know that there doesn't need to be a reason for a share price to move.
PNA Price at posting:
0.0¢ Sentiment: None Disclosure: Held
