PEB - Pacific Edge Ltd

[LEMON]

I like it.
Chance to accumulate more shares very soon I reckon.

[whatsup]

Relentless selling since $1.20 down to $.95 more than profit taking Im picking, why ?

[LEMON]

Could it been that SP was a little ridiculous now people are feeling the bite of the drop, few scared and a few stop losses getting hit?

[xp04]

Relentless selling since $1.20 down to $.95 more than profit taking Im picking, why ?

Maybe some just realized what happened back in 2014 after David Darling sold chunk of his shares?

[calledone]

Maybe some just realized what happened back in 2014 after David Darling sold chunk of his shares?

I think quite a bit of difference in potential, exposure to new markets and achievements then and now.

[850man]

Maybe some just realized what happened back in 2014 after David Darling sold chunk of his shares?

David couldn't have timed his sell any better either - right at the peak

[LEMON]

I also wouldn't underestimate the sharsies players.
I remember being on their Facebook page when PEB was a rave from ANZ buy-in. I remember some guys had 30k in PEB. I mean 30k, for new investors in only one stock? The share price is stable then boom you double your money. It begins to decline, what would you do as a new investor who doubled up? Sell I reckon. And there were a few big bidders also.

[calledone]

David couldn't have timed his sell any better either - right at the peak

I doubt he timed it but by him selling there, it became the peak. Anyway it was only like 5% of his holding.

[xp04]

I think quite a bit of difference in potential, exposure to new markets and achievements then and now.

New markets like Singapore? Well, maybe. But yes, this time is different, no questions about that.

[pierre]

It IS different this time - there is good news to come - but when and how much is anyone's guess.

With broker targets ranging from $1.40 to $1.60 - but in 12 months time and with a risk caveat - it seems many buyers jumped the gun and forced the SP northwards way ahead of any actual news being released.

No panic selling by me. I've seen PEB at $1.70 and at 10cents and ridden the waves over the years. I'm hanging on to my investment waiting for the SP to reach $5 in 5 years time - or to be subject of a juicy T/O bid sometime before then.

Meantime traders are having a bit of fun - or there are some panic merchants running for cover.

GLTAH & DYOR.

DISCL: Hold heaps at 59c ave.