I am taking a bit of a punt with this one. I am trying to practice - live - once again my trend line trading ability. I have estimated that PMP will go sideways now between $3.00 and $3.50. I am going to try and trade this buying each time near $3.00, selling up near $3.40. Lets see how we go. First purchase (though I traded up also from the $2.50 low prior to this) is at $3.03 - very happy with that ( X marks the spot). You should be able to see why, phone me if you can't. Next target should it go to plan is $3.40 (cursor highlighted).

If I get it wrong, I'm happy to hold the stock anyway for a while. It's paying 6% so that should underpin the price in the absence of other major market news.

A stock like PMP can be a core holding in any portfolio - a good steady earner. Me, I prefer to trade it.