PDN shoul've been one that Day traders avoided today.
A case of sell the news.
Anything that has had a strong run up prior to news should be avoided. Insiders are selling today after already loading up.
I recommend any new traders that intend on buying an announcement to check if there was a run up prior to the news because more often than not (not always) if there was those insiders will be then selling into the news.
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- Daytrading July 21 afternoon
Daytrading July 21 afternoon, page-143
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