@SlownSteady Catching falling knives is a dangerous business most of the times. It works only when you have done a lot of homework and are very confident of bearing short term pain of seeing stock price plummet a lot even after you have bought after a precipitous fall.
I dont have much idea about what has led to the fall in PCJ stock price but have managed to stay away from catching falling knives.
The kind of stress and anxiety associated with holding these companies takes away all the joys from those few successful falling knife catching ventures. In my view there are much easier ways to make money in the field of investing.