Stochastics collapsed 2 days ago, On Balance Volume has been negative since 16 cents. sold at 11 cents (last of several million shares) and invested elsewhere i.e buying SPQ from 1.8 now at 5.7. IMHO POS is very heavily manipulated by day traders, especially since they announced delay in mine reopening and flood of new shares that constantly wash through the market. POS has a history of delay, delay, delay. Will re-enter when technicals flash green. Have lost multiple profit opportunities as POS lurches around and now I hold a slightly bearish to neutral view.
My portfolio valuation has improved dramatically since I took this step. Tomboy, love your attention to detail BUT in my case the number of other opportunities missed is stunning.
POS Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
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