Sunday, 3 November 2013

PNE MICRON $0.034 BULLISH CLOSED

Given its specular run-up in JULY at its high of $0.052, the stock has retreated towards a low of 3cents and rebounded to 3.4cents on Friday 1 NOV2013.  It is a good sign that the stock has the potential of recovering towards 4cents in the coming weeks as it will be announcing its FULL-YEAR 2013 results(with dividends). Finding a quality penny with low valuations is hard to come-by and taking a look at PNE MICRON NAV of 4.13cents with good decent growth, time will come for it to appreciate in VALUE.

 

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