pen... going up!!!

Yesterdays retreat to 3.3c was the consolidation that had to happen. I don't see it falling any lower than this based on the chart and the current volume of buy offers at this price. Come Monday we should see this stock explode... the volumes traded and the sustainance of the current price levels over the past week would seem to indicate that there is plenty to come. Somebody obviously knows something... and is extremely confident of the prospects of PEN in the coming weeks. I did expect a retest of 3.8c late Friday afternoon... but realise that altough I was wrong in that sense, the slight retreat that did take place was probably a more positive option. That said, sp will clearly be pushed up from here... and if 3.8c is retested and broken, the sky could be the limit. I'd be interested to hear what everyone else thinks...