well in the last quarter we had a big Chinese investor (Zjin) sold about 6.8 million shares. and also Pretium may have been diluting to pay for their mine construction costs.
This time it looks like wall street deciding that the production results were poor, and they don't want to recognize its all part of continued mine development. so its a short attack playing now. Price will settle down in some bottom, but this last 3 days trading has shown that the first downwave target at 8 dollar zone is not wanted as a "Bottom" nor is 7.40/7.50 ,judging by today's action. There was decent buying last week at 7.40 bottom, not so at the same price today. Buyers are scared now. The selling force delivered a TKO blow today. see how buying has been frightened off now.compared with Friday volume chart
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