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5,222.68
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Post# of 3707
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chemist72

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chemist72

Re: None

Wednesday, 10/19/2016 12:35:24 PM

Wednesday, October 19, 2016 12:35:24 PM

Post# of 3707
The "sell-off" today does not concern me greatly for 2 reasons:

1) If you look at a 2-day chart you will see that today's trading range is similar to most of yesterday's range except for the last 10 minutes of trading yesterday. (Most of the sell-off yesterday from 58 to 56 came in the first 2 hours of trading.)

2) Trading volume today is running well BELOW the average trading volume for PTN. (Right now volume looks like it will come in around 1M shares which is about 50% below PTN's 22-day average volume.)

Now, if we crack yesterday's low of $.53, then I will start singing a different tune!
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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