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08-10-2014, 06:35 PM
#9581
Originally Posted by skid
Funny how the SP has jumped up a cent right at the end of the day ,the last few days--be nice if it were a sign of something on the horizon
Somebody was going gangbusters at 45000 at .98 and another 30000 at .93. Thought it was going to clean out a lot of the 115000 93s but oh no someone had to drop 50000 at .92 right in the last minute.
However it is starting to look a little bit skinny on the sell side. Back to a buck just around the corner?
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08-10-2014, 09:40 PM
#9582
Member
Originally Posted by Minerbarejet
Somebody was going gangbusters at 45000 at .98 and another 30000 at .93. Thought it was going to clean out a lot of the 115000 93s but oh no someone had to drop 50000 at .92 right in the last minute.
However it is starting to look a little bit skinny on the sell side. Back to a buck just around the corner?
Yes good to see the ratio better , ie instead of more sellers that buyers, finally depth shows same number of buyers and sellers.... Also more shares wanted and less available for sale, hopefully this will generate a bit of a frenzy...
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08-10-2014, 11:16 PM
#9583
Originally Posted by Crystal Ball
Yes good to see the ratio better , ie instead of more sellers that buyers, finally depth shows same number of buyers and sellers.... Also more shares wanted and less available for sale, hopefully this will generate a bit of a frenzy...
Bit late for frenzy, that was last year. What we need is a calm, rational, unhurried, reasonable, assured, timely and supportive uptrend generated from solid revenue strength and clear, concise, accurate, regularly updated announcements.
Suspect it has started already.
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09-10-2014, 08:40 AM
#9584
Originally Posted by Minerbarejet
Bit late for frenzy, that was last year. What we need is a calm, rational, unhurried, reasonable, assured, timely and supportive uptrend generated from solid revenue strength and clear, concise, accurate, regularly updated announcements.
Suspect it has started already.
Absolutely right Miner
I suppose there are a few exceptions ,like a major announcement (someone big on board) or really bad sales,but all in all,I think we need to ween ourselves off of that frenzy addiction-well said
Last edited by skid; 09-10-2014 at 08:43 AM.
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09-10-2014, 09:23 AM
#9585
Member
Originally Posted by skid
Absolutely right Miner
I suppose there are a few exceptions ,like a major announcement (someone big on board) or really bad sales,but all in all,I think we need to ween ourselves off of that frenzy addiction-well said
Ok guys, put in my place , can t Help but be a bit excited though......
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09-10-2014, 09:51 AM
#9586
Originally Posted by Crystal Ball
Ok guys, put in my place , can t Help but be a bit excited though......
dont get me wrong, a bit of frenzy doesnt hurt and gets the punters blood flowing, its just that perhaps PEB is maturing a bit after last years gungho activity.
Noah fence.
Peace Sister
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09-10-2014, 11:05 AM
#9587
Member
Something must be happening behind closed doors... although there are no announcements... yet... can anyone enlighten us?
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09-10-2014, 11:07 AM
#9588
Originally Posted by sharp
Something must be happening behind closed doors... although there are no announcements... yet... can anyone enlighten us?
Yep, it's called being undervalued, it doesn't need a reason other than simply that.
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09-10-2014, 11:19 AM
#9589
Several shares have had this 11th hour jump in the last few days without reason. It has happened to SPK two days in a row and, although the price is still inflated today, a check of depth reveals that the individual sales are mostly of very small amounts. I read an announcement that Ngai Tahu are looking to extend their investments locally.
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09-10-2014, 11:23 AM
#9590
Originally Posted by craic
Several shares have had this 11th hour jump in the last few days without reason. It has happened to SPK two days in a row and, although the price is still inflated today, a check of depth reveals that the individual sales are mostly of very small amounts. I read an announcement that Ngai Tahu are looking to extend their investments locally.
I've seen the same type of behaviour on the ASX. I don't 'know' anything, but to me it feels like a fishing exercise - trying to ignite the spark that sends it upwards - to see if you chucked some larger bids through, will it bring out a flurry of activity.
Just my two cents, not based on anything at all :-S
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