There is strong support at 30c and honestly I don't mind the SP drop at all, I am very keen to increase my investment in this company and if opportunity presents its self below 30, I will buying as much as possible on market.
I have watched this stock daily for the last 2years, every time it drops to mid 20's there is a solid run back to mid/high 30's when good news is announced. I bought as much as I could during the last dip and it paid off, I took some profits most recently but am still very much invested here and in for the long term.
PIQ is a sloth when it comes to SP appreciation but it will have it's day in the lime light.
I think the quarterly revenue for Q1 will be lower than previous quarter assuming no PD royalties received. This will most likely impact the SP , thus my opportunity to back the truck up may finally come!
PIQ Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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