PEB - Pacific Edge Ltd

[croesus]

900 at 74c to sell

56000 at 76 to buy

[Huskeez]

Sellers are backing off , only 800k as opposed to 1.2mil at close yesterday

[croesus]

Now small buy at 77c in the scheme of things not much on the sell to $1,,, there yours eh Balance !

[croesus]

Over 130,000 at 75c sold.... up 3c currently 75c line all gone 76c latest price.

[Balance]

Now small buy at 77c in the scheme of things not much on the sell to $1,,, there yours eh Balance !

Can't resist.

Relax, guys - yesterday's action showed institutions buying in and they will keep buying.

Just wait now for the news to filter properly to the States and for a few urologists to buy a few shares for their retirement. Then, the real action starts!

[CJ]

Relax, guys - yesterday's action showed institutions buying in and they will keep buying.

If Insto's were buying, who the hell was selling. Or more to the point, if Insto's are buying in, why the hell were people selling.

[Whipmoney]

If Insto's were buying, who the hell was selling. Or more to the point, if Insto's are buying in, why the hell were people selling.

The blocks are big but not huge so maybe affluent individuals... lol urologists?

[Balance]

If Insto's were buying, who the hell was selling. Or more to the point, if Insto's are buying in, why the hell were people selling.

Harbour is selling and why not? They are sitting on a 300% gain and it is only prudent to reweigh their portfolio.

After all, they do need to show their investors they can make money as well as lose it big time like the horrendous losses they are taking on Rakon.

Meanwhile, treat it as an opportunity to get some cheap shares if you believe in the story - as we have seen with Diligent on the way up. I remember posters bitching about a big seller at $1.00! Then $2.40 etc etc

[Balance]

If Insto's were buying, who the hell was selling. Or more to the point, if Insto's are buying in, why the hell were people selling.

Read the bitching going here at Carroll selling Diligent at $5.30-$5.40 before the stock popped above $6.30 a week later.

http://www.sharetrader.co.nz/showthr...oks-IPO/page43

People sell for all kinds of reasons and that's the beauty of the market.

Imagine if Harbour is not selling, sp will be 90 cents and there is no real base at this stage to support 90 cents. Institutions buying from Harbour will support the base at 75 cents to take it above $1 for the next run upwards. Provided PEB delivers of course!

[CJ]

not bitching - I am in for the long term.

I can see why a fund that has exceeded its mandate would be selling, but everyone else, why, even you you are sitting on a big gain. The news is good, future is bright, so it is not the time to lock in the gains.