PNV Media Thread, page-3062

I think it is following fundamentals though? The company is growing fast and recording profits, I'd say the market is simply looking forward at what is now a very clear outlook. The reason why shorters appeared last time was due to the move being a bit premature and very sharp, in addition to the fact that other healthcare stocks were being smashed. The move so far has been relatively steady and slow, but the fundamentals have certainly warranted such a move. I think it may continue following the upwards trend, but I don't thing we will have to worry about shorters returning due simply to the fact that we have a very different company and a very different market. Not only is the company "rocketing" in terms of financial performance, but healthcare broadly is rebounding strongly.

I agree though, a continued slow and steady move would definitely be ideal over a rapid move. But I think either way the price we end up with will be justified by the company's fundamentals