I dont know why it has fallen so hard.A lot of these stocks will...

I dont know why it has fallen so hard.

A lot of these stocks will bounce back quickly when they do , but to try catch every falling knife in this market is a game im losing badly at over the last few months.

PNA has a lower aussie dollar , a rising gold price , offset by global meltdown , more sellers than buyers , and country risk intensifying to weigh it down .

My fallen blades are cnp 21, 14, 11, and 8 , afg 1.00 , 54, and 25 and MCL at 3, 2.2 and last week at .09

In every case i was sure it would rebound and now im high on stock and low on cash , otherwise id probably join you and average down my pna position I bought at 8c years ago and didnt sell when it went over a buck ......