PEB - Pacific Edge Ltd

[BIRMANBOY]

Not at all...those were taken directly from the "Mooseford Concise(ish) Dictionary" soon to be released and available from Amazon for three bales of hay and some lake fronds.

I see the list contains 'flutter, and 'speculate' and 'hunch' as well

Investing = gambling by the sounds of it

[iced]

Some choices (whether investment or gamble) have more risk for the same level of expected return... (and generally the expected return of gambling ain't the best over a long period...)

Peter Lynch "An investment is simply a gamble in which you've managed to tilt the odds in your favor" (Which the people on these forums are reasonably interested in doing.)

[JohnnyTheHorse]

Back to actually talking about PEB...

What's everyones view on the two disclosures just made? Looks like David Darling sold 100,000 to a Director (Colin Dawson) and then sold 200,000 on-market - all at $0.70. Always positive to see a director buying, as they only buy for one reason. Always makes you wonder when a CEO sells down, but it's only a small fraction of his shares. Who knows, maybe the kids needed new school uniforms?

[BIRMANBOY]

Waste of your time MR. Ed...You'll never know why so pure speculation. However I might speculate that Directors only sell when price seems irresistable to them...thereby begging the question has it reached its expected high. Or for buying.....perhaps they want to be seen to be... "as I cant believe this is so low and I know its going up soon so I will buy some shares" ....so visible and such a strong message to send out to all the punters. So many possibilities..so much uncertainty. Melchett isnt another director is he?

Back to actually talking about PEB...

What's everyones view on the two disclosures just made? Looks like David Darling sold 100,000 to a Director (Colin Dawson) and then sold 200,000 on-market - all at $0.70. Always positive to see a director buying, as they only buy for one reason. Always makes you wonder when a CEO sells down, but it's only a small fraction of his shares. Who knows, maybe the kids needed new school uniforms?

[buncs]

buncs, its called buying the rumour and selling the fact. if the results are positive then hold for the next run up

That's a great answer in a nutshell. Thanks.

[Dej]

Whats happening? Big seller?

[iced]

Probably not much will happen until further U.S news. Likely to be that the larger buyers are holding out for this, whilst some of the sellers are taking profits like Moosie said.

[Balance]

Probably not much will happen until further U.S news. Likely to be that the larger buyers are holding out for this, whilst some of the sellers are taking profits like Moosie said.

Looks like 10m sold by Masfen has gone to short term traders.

More selling at 65 cents to come out, me thinkth.

Not a problem.

[robbo24]

I don't think any of the good fortunes of this company have changed.

The only reason for the drop, in my view, is the 10m sell down has meant there is cheaper shares due to sellers and also existing large-holders have a deep/consistent market to sell shares... So perhaps long and short term profit taking.

The other perspective is of course that people are buying-in in big numbers at a relatively high price!

[blobbles]

Its got back down to a steal price again... time to top up again methinks he hee heeee.

Interesting the SP pattern over the past 6 months, seems to me this might be the fall before the next major rally if the pattern continues to repeat itself.