PEB - Pacific Edge Ltd

[couta1]

Is this the same goverment fund that has just given RAK 10m

Sure is Snapiti

[MAC]

Well that’s great news, more seed funding for additional research staff and pipeline products within an innovative R&D facility with a history of commercialising products at a fraction of the cost it would otherwise take abroad.

“Pacific Edge started out with a mission to make a real difference by finding ways to identify a range of cancers in their early stages when they can be treated with less devastating impact on peoples lives.”

Makes it a pleasure to be a PEB shareholder.

[Bobcat.]

Looking at its chart, PEB's previous support at 160c has now become a technical resistance.

Personally, I would only buy again if either:

a) it holds for the day above 160c...or

b) as JTH points out, it falls to test again its confirmed support at 150c (or possibly even lower to around 130cps if next week we see a large drop in US Equity Market Indices).

[MAC]

Crumbs Johnny, it's already undervalued, I'm not sure you'll ever see any of those levels ever again, certainly not on fundamental grounds. Took advantage of the dip back to the MA50 and picked up a few for a family member yesterday.

[couta1]

Looking at its chart, PEB's previous support at 160c has now become a technical resistance.

Personally, I would only buy again if either:

a) it holds for the day above 160c...or

b) as JTH points out, it falls to test again its confirmed support at 150c (or possibly even lower to around 130cps if next week we see a large drop in US Equity Market Indices).

I'm wondering why you would worry about all this if your in long term BC?

[Bobcat.]

Today's positive announcement has failed to fire up any significant buying support, whilst the sellers are still ever present - that's bearish.

...for now.

[couta1]

Today's positive announcement has failed to fire up any significant buying support, whilst the sellers are still ever present - that's bearish.

...for now.

When I saw the announcement I thought it would hold the price steady,its not really a fire up kind of announcement rather another endorsement of a great product

[In4a$]

I sold some at $1.63 then more at $1.60, will buy back just before the NZX50 listing regardless of price in hope price will strengthen once in the NZX50. What's the general perception ? will price climb once in NZX50 ? or are those NZX50 fund managers buying now ?

[Bobcat.]

I'm wondering why you would worry about all this if your in long term BC?

I run two accounts - one as a medium-to-long term investment portfolio (under a friend's name) and the other a short-term trading account (under my name).

It's lucrative and personally more satisfying to trade off both fundamentals and chart technical analysis (TA).

For both portfolios, a stock will qualify for my watch-lists normally by its fundamentals but I will not buy it until the TA lines up -- either when it's oversold (e.g. BRL.nzx), broken through key resistance (e.g. EVN.asx last week) or when dipping on an upward trend-line (e.g. PDN.asx, CDY.asx, etc).

My buying and selling strategies for the two different portfolios are different. Short-term for the trading portfolio when spikes provide me a quick profit (adopting a business mindset); the other medium-to-long term for the investment portfolio, when I will tend to hug a trendline, looking for fundamental shifts in value and/or broader market momentum to trigger a trade.

It's taken a few years to develop the discipline required to manage the two portfolios with different approaches, but now that I have, I can sleep better at night, keep the tax man happy enough come mid-year, and afford the odd luxury for family treats throughout the year. I'm not nearly as wealthy as some posting on ST, but I am able to make a living doing it, and enjoy the challenges it brings along.

But each to his own.

BC

[Minerbarejet]

Yes, and dont forget five months ago the share price was $1.00 less than now.
Bobcat sold out at 1.70 or so he informed us and indicated he was waiting for the equity markets to slump which he has again reiterated. This is trader action not long term holder
I started accumulating PEB in late Feb last year. I have not sold any at all. There are enough numbers to make a big difference from here on especially if they ever pay a dividend. Big if I know.