PEB - Pacific Edge Ltd

[thegreatestben]

Sharesies just put a notice up showing the closures of NZX over the break and they've probably all just realised they want their money out for the break.

[Minerbarejet]

In this case here can you explain why people sell?

Its like there fighting a group of buyers essentially stopping the SP from continuing to increase.

so many buyers kept increasing bids to buy and sellers just keep dumping it in and dropping the price why not just hold the shares and they will keep going up?

I never understand this when a share has great sentiment and people keep trying to buy there are people selling loads and keeping it from flying up, just don't sell.

Its a market, mate - completely irrational.

Long overdue correction.

[pierre]

In this case here can you explain why people sell?

Its like there fighting a group of buyers essentially stopping the SP from continuing to increase.

so many buyers kept increasing bids to buy and sellers just keep dumping it in and dropping the price why not just hold the shares and they will keep going up?

I never understand this when a share has great sentiment and people keep trying to buy there are people selling loads and keeping it from flying up, just don't sell.

Is it to get theirs sold before someone else has the same idea?

Who knows?

Everyone has different investment strategies and motivations for buying or selling. Traders may be taking profits - anticipating a SP drop or moving their funds into the "next big thing". Some sellers may need the funds for some other reason - maybe to build a new deck. (If you've been following this thread for a number of years you'll get the meaning of this option!)

If you're an investor (like me) you'll probably stand on the side line watching the ups and downs with interest but doing nothing about any of them -unless you see an opportunity to buy more. (PEB has now shot up to 23% of my portfolio so I'm just watching.)

Other than that, mind-reading skills are required and I don't have them.

[Longhaul]

Hi Alpha

The "inevitable dip" with PEB is now occurring. Not a stomach churner, but SP has dropped to 120 as I write.

Bound to be fixed with the next update from the company though.

I think this is more likely a minor tree shake or a trader locking in gains before Xmas (and likely lower liquidity). VWAP was close to 1.24 on good volume which bodes well.

[Ggcc]

Down she goes....... Pop

[Louisphan]

Mate,

If people keep buying/ holding stocks and doesn’t sell out, where the money come from? Money just go around and correction are normal steps of a stock. As long as a stock flat out or doesn’t break the stop loss price, it is a good stock.

[Ggcc]

Mate,

If people keep buying/ holding stocks and doesn’t sell out, where the money come from? Money just go around and correction are normal steps of a stock. As long as a stock flat out or doesn’t break the stop loss price, it is a good stock.

It could be because our man david darling sold some more shares at $1.21

[Greekwatchdog]

Link attached. http://nzx-prod-s7fsd7f98s.s3-websit...680/338180.pdf

[Baa_Baa]

It could be because our man david darling sold some more shares at $1.21

Good grief, shows you what he thinks of the current SP and future prospects. $72m cap to $860m in a few short months, KACHING! Cash out time by the MD.

[pierre]

Who knows?

Some sellers may need the funds for some other reason - maybe to build a new deck. (If you've been following this thread for a number of years you'll get the meaning of this option!).

Must be a very big one this time!

Dave is still hanging on to ~9m shares though so he's still looking forward to the big payday.