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Gold/Mining/Energy : PNL- ASE- (PNL.AL)Pender Capital Corporation

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To: Fass99 who wrote (59)10/8/1998 11:17:00 PM
From: tide  Read Replies (1) of 109
 
Think you have analyzed that very well. I was a bit surprised that the price fell back as it did but think most stockholders got in quite a bit lower & were ready to take some profits. Then when a few do that it escalates so that others decide to take their's too before it falls further. Nervousness, not panic, I believe.

It may be a bit unfortunate that the news release said so little, as I understand the full meat of it should have propelled the price a fair bit.We shall wait & see.

tide
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