RE: RE: RE: PTA Technicals Looking Good...PTA is now fully cashed up with ltd downside risk and looks to be a no brainer at these levels. Suggest recent 20cent PP has helped established a floor...and fact that PP was heavily subscribed my multiple insiders also obviously extremely postitive.
Suspect folks have likely been selling into the decline for a tax loss for awhile now....with many intending to buy back into the play 30+ days down the road at about the same price or maybe a couple pennies less. So ...expect we'll likely start to see more and more tax loss sellers buying back into PTA in the next couple months....plus new money flowing in....and then then anticipate it'll be game on once again come aug/sept/oct . And yeah...technicals continue to look positive.