Fair bit of short-covering going on today, I suspect.
But the shorting raids may well resume, until whoever is doing it has managed to get hold of as many shares as they are after.
The main points are:
1. Do not sell on a low, when it appears to be a stage-managed low
2. Do not sell on the bounce just to "get out even". That's usually a good way to miss the ongoing uptrend.
PDN can be traded by short-termers, for sure, but it's way too unpredictable in the short term for my tastes. However, as a long term investment, I think there are few stocks on the ASX which are as strong. But that is LOOOONNNNNGGGGGG term. Not today, this week, or this month. I'm talking over 5 years from now.
Fair bit of short-covering going on today, I suspect.But the...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.37 |
Change
-0.420(4.29%) |
Mkt cap ! $2.802B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.73 | $9.33 | $25.98M | 2.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $9.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.37 | 7986 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |