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Re: chemist72 post# 7607

Tuesday, 08/07/2018 3:56:24 PM

Tuesday, August 07, 2018 3:56:24 PM

Post# of 8795
Good point, but I will stick with trader-psychology reasons for the 20% decline.

A second quarter of negative earnings could have put pressure on the share price if it was unanticipated. But I didn't see that as a surprise or disappointment in view of what the management has laid out in having earnings growth later rather than now.

My point is that I think that the fundamentals of PIOE are strong and getting stronger, and that the share price decline doesn't spring from a business downturn or other sub-par results. If true, that is good news.

Sellers are merely impatient for awhile, without much good reason for it in the company's numbers. That's just my opinion.

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.

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