Re: Pinetree news
in response to
by
posted on
Jul 30, 2015 05:54PM
Thanks TWG, I think that this comes close to proving the theory that it was PNP selling over the past couple of weeks. They had a debt-to-asset of 45.8% on June 30, when the share price closed at $1.58. Given that PTK is such a high percentage of their holdings a relatively small price drop can push that ratio over 50% in early July. Then they were just chasing the share price all month.