RE:RE:RE:Why are we falling here??Moniology wrote: FED Jitters just affecting PTM and no other miner in the sector?
You must have different mining stocks in your portfolio than I do. All of mine took a hit today, especially right before the Fed announcement. Add to this the $40M closing PR, and maybe some margin calls and/or stop outs, then it isn't so surprising. You might not think that this PR should do anything, because everybody already knew … but offerings often have a double impact, first when they are announced, and again when they close. Maybe not everyone is paying close attention, and some people just trade on the sound of a headline? Not sure why, but I see it a lot.
Being a contrarian, I added a speculative bet at $1.64 (US).