Guys, there is no point arguing for the sake of arguing...
There is truth in both of your opinions...
PNN could definitely be traded without reading the announcement, simply by running with the volume and momentum. I think anybody would agree with that.
But it needs to be a genuine, seat of the pants, don't leave the screen for a second type of trade where you are in and out in a matter of minutes...IMO
On the other hand if you were looking to buy and hold for more than just a "snapshot" then you'd probably be wiser to read the announcement.
Peace out....
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