{"id":7599,"date":"2015-11-26T15:02:04","date_gmt":"2015-11-26T15:02:04","guid":{"rendered":"\/?p=7599"},"modified":"2015-11-26T15:15:01","modified_gmt":"2015-11-26T15:15:01","slug":"why-is-precision-optics-corporation-inc-otcmktspeye-down","status":"publish","type":"post","link":"\/articles\/why-is-precision-optics-corporation-inc-otcmktspeye-down\/","title":{"rendered":"Why Is Precision Optics Corporation Inc. (OTCMKTS:PEYE) Down?"},"content":{"rendered":"\n

Precision Optics Corporation Inc. (OTCMKTS:PEYE<\/a>) had seen very little activity in the last six or so months, before dropping 12.00% on a heavy volume yesterday. What gives? <\/p>\n

While this crash was certainly not the scariest movement that the ticker has experienced in recent months, or even in recent days, this time around, more than a millions hares of the company’s common stock changed hands before the final bell arrested PEYE<\/a>‘s <\/strong>descent.<\/p>\n

What’s odd about this particular crash is that there doesn’t seem to be an obvious reason behind it at all.<\/p>\n

Looking at the numbers, one would think that PEYE<\/a> <\/strong>investors were given some horrible news before the beginning of yesterday’s session, or that a pump targeting the ticker failed miserably. Well, there is no pump, and the news that PEYE<\/a> <\/strong>published yesterday can be called irrelevant at worst.<\/p>\n

There are no new filings on the company’s OTC Markets profile, either, and although PEYE<\/a>‘s <\/strong>results to date are not really impressive, they are not really a new development, nor are they really horrible enough to make investors flinch from the ticker en-masse:<\/p>\n