So what does blobbles mean by get some cheap then. the share price wont drop because of this will it.
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So what does blobbles mean by get some cheap then. the share price wont drop because of this will it.
God bless NZ thats all i can say :)
Oh and the share price MAY drop, but it may continue to rise. At the moment this stock is very volatile, so if you are a trader like Moosie, you have to have big balls to decide when is a good time to buy/sell. I believe the selling has already happened so buying the shares they held in particular is probably not possible.
My pick is that, in the short term, before the middle of the year, this stock will soar, potentially up past $1.20. Beyond that it's hard to say as it will depend on their sales and product uptake which we should get an indication of hopefully in July, but a better indication in December. As others have pointed out though this is a risky investment, we just don't know how its going to go so all trading is done at the moment on hoping/praying/educated guesses and by the seat of our pants. If you are comfortable with that then my advice is to buy a little now and if you get more comfortable, more later. But certainly don't put the house on it!
...........buyers fleeing, sellers stacking up!!
Scavenged 5.48% on the day , Huskeez the seagull returns to PEB , not 10% like tuesday tho ! SQWUUAK
Lol we are on the the same page , I have been ATM , PEB ,PEB missed DIL and XRO as i was waiting patiently in ATM... it was like being tied in a chair with money infront of me slowly being set on fire haha
Hey moosie, can you give us an indication of the amount of shares you buy and the sort of % profit you make from trading?
Make sure you get back in within the next 10 days or so. I suspect CLIA approval will be announced before the end of March (I think the chance of them not getting approval is next to zero, PEB is a smart company and I'm sure they will have made sure that they will pass). I'm hoping for a slight pullback in the next week so that I can make one more topup before it flies to $1.