15-04-2014, 11:56 AM
Despite now trading at near its 5-year high, Penguin's share price - last done at $0.172 (vs. recent high at $0.175) - has exhibited great resilience in this morning's mini-correction. Those loose-footed shareholders who became unnecessarily panicky this morning and sold their shares at $0.169 to $0.171 have transferred a portion of their wealth to those who bought over their shares! Clearly, in investment it pays to remain steady when under market stress.