Newi, you need to decide if you are a Trader or a long time holder.
Only you can answer the question you have.
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Newi, you need to decide if you are a Trader or a long time holder.
Only you can answer the question you have.
Hi Newi,
A few thoughts re your post 18950
1.) Important for you to own your own decisions - any advice others give you is biased by often different investing criteria.
2.) When investing in any company you should decide the level of investment you hope to get (eg (say) $10k of your funds invested in PEB) then buy in increments. Not all at once. Increments provide opportunities for DCA so you won't be caught out in the bind you currently find yourself in.
3.) Important that you also use TA to guide the timing of your purchases. Your av SP of $1.17 is rather high and runs contrary to many TA signals.
Whatever you decide this is a learning opportunity and an opportunity to refine your investing style accordingly.
Crikey down 7% today, time for a good news update PEB people
I cant believe the impatience of some "investors" who bought in on no news and sell out on no news...... do they really think that Dec-Jan is going to contain alot of company updates?
looks as if the interest associated with PEB getting a bulk payment from CMS is waning a bit.
Even at 1.00 its ten times where it was last June before the major news broke regarding CMS and a bit later Kaiser
Op revenue last 6 months $3.3m, market value at .97 around $700m.:scared:
So much growth factored into this price it is insane. All on hype and the belief that KP and CMS agreements will convert to huge profits soon. Yet no evidence yet that this is happening, or will.