Agree with Johnny, this is tiring, off topic and polluting. Take the discussion to its proper place please.
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Agree with Johnny, this is tiring, off topic and polluting. Take the discussion to its proper place please.
Perhaps the market has already plugged in the anticipated disappointments at the current levels. However, we DONT know for sure what the sales are yet and are unlikely to find out until released officially at the end of May. Presumably there will be enough speculation on this thread for the next few weeks to keep us all entertained. Have the feeling its going to be a long month. And what happens when its released? Debate will start about what the sales figures will be in november.
Time for a cuppa:eek2:
Chelsea bun, anyone.
I cant believe that I have read some of yesterdays posts and all of todays posts ...and no one has mentioned this
http://money.cnn.com/2014/04/25/inve...ets/index.html
(Nasdaq Biotecks down 2.4%)
Caution required
$1 could be threatened on Monday IMO
"You gotta know when to hold, Know when to fold. Know when to walk away etc............." as the song says. Blew about $100+ on the horses today at Cambridge until i woke from a guinness induced slumber to read that my $20 bet on Lauren Tate in the eight race had returned me $560 for a win and place. Full time traders play the entire market - I trade one company and at 76 have learned to deal with stress. Three of the people I drink with have died in the lat month - none of them were traders.
Well your certainly better off than the other 3, whether you hold ,fold ,or walk away.:)
Congrats on your win
I would think you would have to be ''pretty onto it'' to trade full time.
But holding full time without taking note of warning signs is not such a great tactic--Those that bailed awhile back when $1.70 went to about $1.50 are most likely happy and will have a chance to get back in to their favorite company on better terms.
I have two lots to a total of 150g. I have been up and down through the NZX and made a lot of mistakes. The answer to your question is - don't. My mortgage is paid, my kids educated and even if I lost my shirt tomorrow, I would have a pension to feed me so the stress doesn't really exist.
Some idiot gives me negative reputation for suggesting people stay on topic?
Guess I will have to stop reading ST or contributing, the forum seems to be getting more and more like the wild west. But honestly its becoming tiresome and a waste of time to read through all the chaff, no wonder important contributors are also leaving. Why can't people just put things in their proper place? Ahh well.
As we all are, I'm trying to work out where this stock is headed, but also why it has dropped so significantly.
If everything goes according to plan long term (multiple products earning revenue) then it has got to be worth something more like $10 for example, making $1.70 look cheap and $1.00 ridiculously cheap.
2014 is a big year for PEB where it is expected to start making some headway. Just because they haven't announced the first 100 000 sales yet doesn't mean things aren't on track for CXBladder. It will take time for things to change and we're not even half way through the year yet. It's early days and some people are being a bit impatient. So far everything would suggest we should be buying up large.
But then look at the shareprice falling away. It was in only a slight downtrend when the CEO, Chairman and Director sold out. After they did, it went into a much steeper downtrend from $1.60 to $1.00 odd. Three holders in the know selling out is not a good sign.
This would perhaps suggest we all should be selling up large.
Looking further into though, from what I can make of it, Anatole Masfen sold out completely. Swann sold around half. But DD only sold 100 000 of his 3mil holding. So what on earth does that mean? Very conflicting information there, obviously DD is still very happy with the progress of the company, otherwise he would also have sold much more. He's still in for the ride which is positive. Surely if they knew something that was causing them to sell out, they would had to have disclosed it by now?
So there's a bit of conflicting information there. If everything is going to plan then the current price is a steal. But why did Masfen sell 100% if it's so rosy?
If Masfens selling out can be legitimately explained then IMHO this is a screaming buy as Mac says. The future is bright. If it can't then perhaps it is only worthy of a small spec holding.
NBT
MAC, what are your thoughts behind Masfens complete sell down? I personally don't buy the argument 'they have better options at the moment'. If PEB are on track there wouldn't be many (if any) better options. I think it's a significant issue to address/that needs explaining.
Disc hold and still think they're on track. If I see any of those directors buy up again I'm all in. Like road runner all in.