Premier African Minerals $PREM - great predictions , anyone? Looks very cheap right now...
This stock is down 30% in the last 2 weeks. That's a very steep drop for how well it has done in recent years. Judging from the chart, I don't know the company. It's cheap - it's under a dollar, but it could quickly get a lot cheaper.
I'm not attracted to the company, the numbers aren't that great from what I've seen. Plus the last drop was based on the issuance of new shares if I'm not mistaken. So they're trying to raise funds. The important question is: Why? Are there problems or are they planning new investments and expansion?