Q: Any reason you see for weakness in PNG? Or is it normal volatility for a stock that has jumped quite a bit over the past year. Is this a good point ($5.65 range) to add to a position?
5i Research Answer:
There is no news, but it is a risk-off market right now and we are seeing a lot of unusual activity in growth stocks. We would be OK accumulating some in any further weakness, provided an investor has a good time frame. Nothing has changed here.