PSE / PSE Stock Picks


Not all Gold Glitters
By Bonner Dytoc
May 04, 2008



It wasn’t such a long time ago that PX was one of the darlings of the mining sector. After peaking in Oct. 2007, PX has drifted sideways with a downward bias. Holders of PX should be warned, a slow death is imminent. The stock has not shown any signs of reversal nor is there any indication of a continued drop in prices. In short, PX is in limbo.

It would be wise to try and liquidate the stock when it rallies and just park the capital elsewhere than trying to than hold on to a trendless stock.

PX


 
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