"Is there one professed PEN long term fundamental holder out...

"Is there one professed PEN long term fundamental holder out there who is in profit?"

Your play on words is excellent 10/10.. There isnt a long term holder (exc EXT and a few) on the whole ASX that would be in profit or did you miss the GFC?

Since I entered the markets around xmas 09 That would qualify me as a long term holder :-)

Bought pen avg 1.2 mill @ 3c (sold and left pen a few months back)

New average 1.4mill @ 4.1c

Im very much in profit

I no longer trade Pen as I firmly believe it will be the next best thing in Uranium. Hartleys S/t target would be tempting though..

The last sell down of PEN has been "artificial" partially.
During a CR instos put up money for profit. The money is recouped by selling down their holding. This has nothing to do with Pens fundamentals its just 'business"
This has created a red candle that is not 100% true so cant really be factored in to a chart.

Time will tell