Thanks SRL, is taking it's lumps but at least they are operationally based and the FY08 story is good. Actually it outperformed PNA on the way down as this is nothing more than a mutual admiration society built on a house of cards. Beware when this thing starts to produce, dream-time is over and there is likely to be a big reality check. In this environment, stocks without a fundamental backing will get really spanked, I'm surprised to see how this has bounced back, but if you're still in a buy the dips mode then climb the ladder to fall off again.
PNA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
