I was lucky to get in at 2.3c. But as I live in Germany I missed out on selling at the top. Did put in a sell order for 12c but that was too high. Once I woke up it was too late I figured. The extra drop today was an unexpected additional bad surprise... My 200% profit has schrunk to merely 50%...
BUT......PIO is good an I will gladly hold. The Mavis project is very good and especially the connection to gangfeng in that project through ILC is superb. As usual in these kind of effents the market has overreacted and PIO will rebound. And with news from their numerous different projects this will easily go back to the 6-7c in the coming weeks.
So do not despair all is good!
The only concerns I have are the strange stock behavior which caused a TH wenn it briefly went up to 10c. And why they did a 3 day trading halt for these mediocre results. Both events are very questionable and do put some doubts in my mind regarding the company management..... Time will tell!
PIO Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
