RE:RE:what happened with this stock? commonsense is right - liquidity pockets.
Look at the turmoil in the markets last week - investors were probably just looking across their portfolio and choosing PEA as the one they need to punt because of the liquidity/binary impact. Energy also continues to lag everything so there are continuous energy sale baskets/redemptions from insitutitions.
The wash out is coming but I also buy @ 3-3.2 and sell at @4 -4.25 outside of my core holding. Why not? Done it 3 times now.