there was a single line of 800k at that price yesterday that got bought - I think its another legitimate sell but there were buyers for the large parcel yesterday.
The stock was 0verbought so some consolidation around this level is healthy - Its still trading 20c above the placement price which is very bullish. Most stocks track back towards the placement price.
Long term this one looks very good ! ( IMO ) I took a profit and was hoping to get back in on the retrace which hasn't happened yet .
Cheers Hoot
PIR Price at posting:
96.5¢ Sentiment: Hold Disclosure: Not Held