JP MORGAN buy and trade stock to make money and have been trying to catch a falling PDN knife for a long time so I would not jump on that sinking ship.
For a company that has a 100% debt to equity ratio, no forseeable PER and raising capital in this climate to mitigate the obvious risks of a further falling SP and dillution, a .550 billion dollar market capitalisation could be argued as completely insane.
Just because its cheaper does not make it cheap!
The PDN fundamentals are look like a mega zombie liability company.
JP MORGAN buy and trade stock to make money and have been trying...
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