Temptation got the better of me and decided to buy 96000 PEB this morning @ 103.84 av.Reasons...I believe they have been oversold,unlikely to be holding when the sales numbers are announced though,but longer term a sound company I believe.
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Temptation got the better of me and decided to buy 96000 PEB this morning @ 103.84 av.Reasons...I believe they have been oversold,unlikely to be holding when the sales numbers are announced though,but longer term a sound company I believe.
looking it to break 1.08...before we can be happy today
Sorry,I wasnt very clear on that.
I dont think anyone can accurately pick --the bottom--you see it in retrospect.
I think the smart money buys on the way back up--They wait till the downtrend finishes and then sacrifices whatever lost profits it takes to establish the uptrend--otherwise you might as well just throw a dart.
To take any gains to seriously though atm(today)is disregarding what has mostly caused this which is the Nasdaq.
That's why I think he just ignored what the market was doing, he didn't bother trying to pick the bottom, if it was underpriced he bought up big time then contacted all the analysts and brokers and showed them what they had missed.
Probably not the best option for us mere mortals but still.
While I admire your dedication to nasdaq as being either harbinger of doom or the chief trumpeteer I am afraid I must disagree that it is the only issue at hand. A lack of sales data would seem to be more important than the collective guiding figure of some irrational, at times, overseas stock market. A substantial sales figure from PEB would certainly put nasdaq on the back burner as far as PEB is concerned. IMHO
Just checked the long term chart, skyscraper forming.
Corrections, they come, they go, as do the whims of traders, bet Hancock’s has seen a few such distractions drift by.
Pacific Edge have a nice comprehensive territorial sales strategy for all to read and appreciate, and a five year goal to match. I don’t think this coming sales report is at all important really, after only five months of selling into the US to 31 March, most of that time will have been taken up in hiring and training staff, and in further client relationship building. We should expect something meaningful and indicative from the November report though.
I’m looking for 1,000 to 5,000 sales or so, but the commentary will be more important particularly in respect to adherence on the new product launch schedule, and progress on user group studies in Europe which are probably required for CE Mark registration, etc.