NYSEAM:PLX - Post by User
Comment by
ohbehaveon Jun 18, 2019 8:34pm
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Post# 29838156
RE:Very illiquid
RE:Very illiquidIt's painful to watch any stock drop on low volumes but weak hands selling a few shares in a poor market and tanking the share price doesnt reflect the value/potential of any company. Beyond staying healthy while adding production/cash flow the most difficult challenge for management these days is to create interest in the story but as seen on June 7th even a small amount of buy side demand can move the stock up just as quickly. The question is when will interest return to this sector acknowledging that $ typically moves to the Junior sector last. That said, including todays PLX PR and the Transmountain pipeline announcement we've had a few positives in the last few months so if they can keep the operations on track with the next two wells and we get the right outcome in October the stock trajectory should take care of itself ... GLTA