This is a bundle of super, super speculative companies and the market goes through these periods of speculation and promotion. The question is, is the next speculative cycle going to be in mining or somewhere else. If it is going to be in mining, this company will come back. This is one that you don’t put any serious money into it.
Very high beta. Thinks through the fall it will do better and then drop off in the spring. He would be looking to take profits off the table.
Pinetree Capital Ltd. is a Canadian stock, trading under the symbol PNP-T on the Toronto Stock Exchange (PNP-CT). It is usually referred to as TSX:PNP or PNP-T
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0 stock analysts on Stockchase covered Pinetree Capital Ltd. In the last year. It is a trending stock that is worth watching.
On 2024-04-26, Pinetree Capital Ltd. (PNP-T) stock closed at a price of $5.85.
This one is going to be tough. They kicked out management. It had to sell off a lot of assets to avoid contravention of its covenants. Now you have to sit with it. He would call it a reluctant hold. If resources go up, it could be a good lottery ticket. Don’t average down.