Yes, I'm forming the view that there's a lot of distress selling happening at the moment across the market particularly in respect of junior stocks, in all sectors.. biotechs, minerals, etc. From a fundamental perspective totally unwarranted in most cases and based on zero news. The big market falls this past week have probably caused some investors/traders to unload anything at distress prices to cover their financial exposure , certainly if being hit with margin calls. PTX reaching 21.5c is just another example of distress selling. I have been mopping up to the extent my wallet will allow.
PTX Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
