Opportunity Stocks can be rather volatile at times, but there lies the opportunity as well.
Last week, it was ANO heavily sold down before an announcement to refute directors selling sent the stock rocketing up.
Today, it was PNV for no reason other than perhaps technical concerns (short term), as the stock retraced to a low for the day at $1.42 but is now jumping back to $1.58, you'd be 10% up if you caught it at the low today and yes, I am pleased to have had added my position close to the bottom.
Don't follow the trend, have to be ahead of others in selling to reduce exposure when exuberance peaked and be opportunistic when there is unwarranted short term concerns or fears (like technical, technicals in the end follows fundamentals, leave that to the traders, or broader economic concerns that really do not affect the stock's capacity to grow its revenues).
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