RE:DroppingI am a new shareholder in PLI and notice that a number of posters here are concerned about the share price fluctuations.
This stock is a traders dream and the two major aspects of trading is buying long and selling short.The major hedge funds couldn't give a rats a$$ about the viability of a Company when the trading dynamics are as compelling at the present time as PLI. It is all about volume and volitility and PLI has both.
Remember that the loss at the present time of 6% is actually a gain for the trading firm who has the short. Eventually they will have to cover the short and the upswing will re-appear.
As a side note, watching Level two or Pre-Markets is a complete waste of time as the Hedge Funds have absolute control of the Buys and Sells through there algorithms and most Bids and Asks are simply a mirage that can be changed in a blink.
This looks like a very good investment and if you are not a day trader I wouldn't put any vibility on the drama that unfolds on a daily basis.
GLTA