PEN 1.03% 9.8¢ peninsula energy limited

dead cat bounce, page-53

  1. 31,818 Posts.
    lightbulb Created with Sketch. 157
    for sure thats why l think it will trade tight range today cause shortes wont want to go chasing it,,,yesterday in my thoughts overshot by 20percent so .075 should be a good outcome unless theres positive or negative news,,,thats my take anyway,,traders would of seen it was touch and go around the 6cent mark,,really if they shorted from open first day trading they where not going to risk to get back in usually they themselves drive the price further to make more money and make sure there in a position either way to still play,,now all this is if no news is out,if positive pen holders will be back to the share price they belong but time will tell,,these are my thoughts anyway
    good luck either way
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.