PEB - Pacific Edge Ltd

[blobbles]

I guess my comment was a bit hostile, so apologies on my part.

You may be surprised to hear Sparky that I've read every bit of bladder cancer news and article posted on this thread. While I've haven't done my own external research, the information and articles I've seen have provided me with a very good idea of what the company offers and the massive international potential of it for the diagnosis of bladder cancer. I did all of that before I initially bought into the company. I sold, as per a previous post, because it seemed clear to me that what has just happened would happen. I want a bit more certainty that the stock is on an upward trajectory before hanging on for the ride. I will undoubtedly get back into this stock, before it takes off to the moon, if I see it turn around and begin uptrending.

@ blobbles, there is no reason to try and catch the falling knife at all - there will be buy signals at the right time. You may miss the very bottom, but you wont buy and find it the hard way.

As for the comment on XRO...I like the software a lot, but would never buy into that company for a plethora of reasons I won't go into, no matter what TA or FA told me.

No problem Blake - I think many of these disagreements on this forum appear because each person has their own ways to judge and assess future value. My outlook is always 2-10 years time, i.e. not short term yet many traders will work on daily/weekly/monthly assessments. As such, this can get up the nose of many traders who will often view positive comments as short term pumpers (because their TA is telling them the opposite of a comment) when in actuality we are just working on different time scales for investment return. So whenever I talk about Pacific Edge I am looking into the value of the stock 2 years out, not a month or two. I aren't looking at charts and TA or anything of the sort, my future value is based on market size, product/company quality... basically fundamentals of the company, not the ups and downs of the market.

Hey - maybe Sharetrader should colour peoples names according to their investment strategies - blue for short termers, green for mid termers and yellow for long termers. I don't mean to say all us long termers are yella bellies!

[blakecb]

No problem Blake - I think many of these disagreements on this forum appear because each person has their own ways to judge and assess future value. My outlook is always 2-10 years time, i.e. not short term yet many traders will work on daily/weekly/monthly assessments. As such, this can get up the nose of many traders who will often view positive comments as short term pumpers (because their TA is telling them the opposite of a comment) when in actuality we are just working on different time scales for investment return. So whenever I talk about Pacific Edge I am looking into the value of the stock 2 years out, not a month or two. I aren't looking at charts and TA or anything of the sort, my future value is based on market size, product/company quality... basically fundamentals of the company, not the ups and downs of the market.

Hey - maybe Sharetrader should colour peoples names according to their investment strategies - blue for short termers, green for mid termers and yellow for long termers. I don't mean to say all us long termers are yella bellies!

Thanks bobbles.

Yeah I'm not sure where I would sit in that, as I would hold a company indefinitely if the charts and fundamentals looked right (bear in mind charts do allow for volatility).

As a previous RAK investor, I learnt the hard way along with many on this forum, that a company can look to be one thing, and be a completely different beast all together. The reason I like TA is because it shows the feeling the market has towards a company and you can join in (or not) with that. As they say, "Make the trend your friend". I'm not comparing RAK to PEB! But rather just highlighting the principle that I would rather cut and run when I see a downtrend forming to minimise my risk... and then join in again when I see it is heading upward and the market has confidence in the company.

TA is about my buying and selling risk management once I have decided on a company I like. Chart patterns occur due to trading psychology which repeats itself over and over again. It really is amazing how frequently the charts repeat themselves and so why not use all the information at one's disposal. It is a lot of work learning TA, a huge amount in fact, but that's why this forum is great because we all do research in different areas (FA and TA) that hopefully empowers us all to make better decisions. Those pieces of work, like with PEB, will sometimes be in conflict. It is up to each person to decide how they resolve that. For me, I have sold and will look to buy back in when the charts tell me too (and will post that point on the forum). The only reason I'm at the PEB table in the first place is because of the work by the FA folk.

In other words, love and harmony to all.

[JohnnyTheHorse]

Well would you look at that, it has closed on its strong support line of 54 cents... So the world hasn't ended after all (yet). Hopefully that's the bulk of the nervous nellies shaken out, or is it bit of a dead cat bounce? Hmm, I guess with a 1 year plus horizon it doesn't matter.

[MAC]

Well that was an eventful day in the world of cancer diagnostics.

Congratulations if you are a new investor and took advantage of today's ridiculously oversold conditions to buy into in a great company with years of forward growth ahead.

[baller18]

think a few more days then we'll really know where we at

[blakecb]

Well would you look at that, it has closed on its strong support line of 54 cents... So the world hasn't ended after all (yet). Hopefully that's the bulk of the nervous nellies shaken out, or is it bit of a dead cat bounce? Hmm, I guess with a 1 year plus horizon it doesn't matter.

My guess is that it is a bounce (see my post from yesterday)...may even go higher and test 56-7 cents, before eventually descending to around 45-7 cents. At that point it will consolidate for a while and hopefully something will give confidence back to the market to see a reversal....at which point I'll hopefully be on board, then off to the moon. Or if it disappoints (ie. missing sales data), it will continue its track down.

I attach a pretty picture fyi. One thing I don't have in the pic as I didn't want to clutter it (further), is the number of 'shooting star' candlesticks there at the higher prices - basically the bulls trying to push the price higher and being pushed back down by bears - in other words, encountering a lot of resistance and unsustainable buying pressure at the higher prices.

Cue the wrath of the FA-ers....

Attachment 4745

[blakecb]

Well BlakeCB, let me put it this way. If traders and technicians caused me to pick up shares cheaply today, then I owe you my thanks....

hahaha....well that's the thing aye - without FAers, TAers would have no one to sell their shares to! And vice versa.

But you've highlighted the psychology of the bounce right there - current investors buy more 'cheap shares' which pushes the price back up. The question is how long can current investors sustain that for....

[MAC]

Today I noticed a couple of posts regarding expectations which I just found a bit peculiar, well, in addition to simply being just totally incorrect.

For those interested in reading the 2011 prospectus and the 2013 US commercialisation pathway presentations, you will find that PEB are exactly on track in terms of both schedule and sales. All due largely to committed and focused management I believe.

If you wish to DYOR you can find these documents on the PEB website along with others.

Sure and steady progress, and it's all up from here.

[nextbigthing]

If you wish to DYOR you can find these documents on the PEB website along with others.

Can you trust their figures re projected sales though? Are they in any way audited or accountable in the future other than investor revolt? If they're trying to attract investment surely they could paint the picture on the rosy side?

[benjitara]

Can you trust their figures re projected sales though? Are they in any way audited or accountable in the future other than investor revolt? If they're trying to attract investment surely they could paint the picture on the rosy side?

The company projections are just that projections, actions speak louder than words and I like PEBs course of action so far. The reason I hold shares is that the companies product has a competitive advantage over it's current rivals and a viable way of getting that competitive advantage to market. The real test of credibility for me is getting large players to take the product on. I am however very positive about the "knock on " effect of initial sign-ups, the medical industry will not take any new procedure/medication lightly and so likely press from such actions will be watched by a lot of people. All the best to the TA players here but i'm a holder and pleased to do so for the foreseeable future