Re; "Anyone notice that PNA SP peaked one year ago tomorrow"
Indeed, PNA peaked at $1.25 on 21 April, 2008 & after a dip rose to a lower swing high of $1.24 on May 7, 2008.
PNA was not alone in peaking at that time - many diggers & drillers peaked in May last year. On May16 BHP at $50, on May22 WPL at $70.51, TAP reached a swing high of $2.21 on May19, RIO peaked at $157.45 on May 19 ....
Interesting to note that Copper peaked on July 3, 2008. Light Crude Oil peaked on July 11, 2008 & Gold peaked on March 17, 2008 [with a swing high on May22].
What happened thereafter was not very pretty History for investors.
4YIO - NFA
PNA Price at posting:
36.9¢ Sentiment: LT Buy Disclosure: Held
