tethering on the brink
The Buy side volume has been trashed in the last few days for PWR. Where previously their was a million shares for each tenth of a cent, it has really fallen off.
This is a precarious situation of you are a holder of Powerlan. However a large sell off could create an excellent buying opportunity if you are a buyer who is comfortable on the fundamentals (which seem sound but do your own research).
I'll be looking to take a position of it runs below an even 4 cents this week.
Cheers
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