PNA 0.00% $1.84 panaust limited

will pna defy the market, page-53

  1. 9,543 Posts.
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    EL:

    Are you saying buying at these prices is not good? I still think it is. Why did I sell? We all sell sometimes for different reasons. I sold because I had too much exposure on one stock. I still hold half my portfolio. You seem to have interpreted my selling as some sort of knock against PNA. Rest assured I am positive about PNA's future and that should be evident from my posting history on PNA. Just ask Mx :P

    I will admit however that when I entered PNA it was with the view to making a quick buck and then moving but I got caught in the recent down-trend so I thought it might help to hold on for a while and reduce exposure price-permitting. I have done that now but still have a foot in PNA for the longer term.

    On other matters, what do you think the fair price of a PNA share is considering only the current mine in operation and leaving out future prospects? What is your measure of a good price to sell at?

    PS- If the sheep are as quick in moving down as they are in moving up then that would make them wolves like us now wouldn't it? lol!




 
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