share price, page-4

As I’ve said in several posts, imho, the large drop in PAN sp is the about 80% the result of one institution or shareholder selling out, and 20% other smaller shareholders being shaken out and selling because of the falling share price. I’m sure anyone would have been happy to sell at 67c 10 days and buy back in at 44.5c today!

The nickel price has moved higher the last few weeks, and I think pan would be about 60c right now if it wasn’t for this particular annoying seller who obviously wants out for whatever reason. One thing’s for certain, the person selling will eventually run out of shares, and the price will probably then move higher, provided the PON doesn’t fall dramatically in the meantime.