PNA 0.00% $1.84 panaust limited

I would agree with miner.with 992 traders in 1 day on PNA. how...

  1. 900 Posts.
    I would agree with miner.
    with 992 traders in 1 day on PNA. how can anyone expect to effect anything with a couple of posts on HC.

    I beleive they do it to troll for a reaction.

    But writing negativity about a stock is not a bad thing. Its just better when its backed up. And copper is still on the down for the short term. it could continue to fall with the release of USA's GDP on friday. HOWEVER. metals prices can NOT be sustained at these prices. it is Economics 101.
    Prices will go down, mines will close down, producers will stop producing as much. Demand wil over take supply and push the price up again. When this happens its entirely possible for prices to be pushed even higher. To bring a mine up to produce is a long process. so when all the mines shut down there wont be enough producing to keep up with demand and therefore will push prices even higher.

    Wont happen over night. but it will happen.
    All u can do is hold. And chip away at the lows of the quality stock you have researched.
 
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