-
13-10-2014, 01:35 PM
#9631
Member
Originally Posted by Minerbarejet
Which do you think has the better chance of a 50% increase in 6 months, klid, ---- PEB, XRO or neither?
PEB. Probably not XRO. And I intend to get in before that happens its just you know how I go on about them mirroring each other in the absence of news so my actions are in anticipation of it happening again. If not ill buy in for more than 0.92 happily.
-
13-10-2014, 01:46 PM
#9632
Originally Posted by klid
PEB. Probably not XRO. And I intend to get in before that happens its just you know how I go on about them mirroring each other in the absence of news so my actions are in anticipation of it happening again. If not ill buy in for more than 0.92 happily.
Cheers, klid. Just wondered what your rationale was. All the best.
-
13-10-2014, 02:38 PM
#9633
Originally Posted by klid
PEB. Probably not XRO. And I intend to get in before that happens its just you know how I go on about them mirroring each other in the absence of news so my actions are in anticipation of it happening again. If not ill buy in for more than 0.92 happily.
With all due respect --You call gaining 2 cents on a gloomy Monday when all others are falling ,mirroring XRO?
I can understand why you might want to lock in some profits ,but the xro thing has got me stumped.
-
13-10-2014, 03:03 PM
#9634
Member
Originally Posted by MAC
Yes, the advice was provided via Edison;
It seems FDA approval is not necessary at present but may be required in several year’s time due to regulatory changes. The Pacific Edge marketing strategy revolves around securing the large HMO’s, that’s where the big US revenues will come from, CLIA certification is understood by them as the necessary approval. The loose change from direct marketing will require FDA approval if or when they pursue it.
“Pacific Edge management is currently exploring the pathway to full FDA approval for the Cxbladder portfolio, which would enable the company to directly market to consumers. At this stage CLIA certification is sufficient for direct selling to physicians given the tests are processed in the company’s own lab”
“Pacific Edge also faces the potential threat of a new regulatory hurdle in the US. On 31 July 2014 the FDA provided notice of its intent to issue draft guidance providing a risk-based framework for new regulatory requirements of LDTs such as Cxbladderdetect. In practice the enactment could take time. According to the framework, the new requirements for LDTs are to be phased in over several years”
“Once reviewed, a product would likely be judged on its safety and would then be required to either follow a formal pre-market approval (PMA) registration process or an optional registration. Given the long notice period, we expect Pacific Edge will have adequate time and resources to prepare for this”
http://www.edisoninvestmentresearch..../pacific-edge1
I presume that means FDA approval would be required before we'd see it sold online in the US? Just outlining this for the sake of clarity, not because the timeline of going online is overly consequential because as you say Mac it's not a significant part of their marketing strategy.
-
13-10-2014, 03:03 PM
#9635
Member
Originally Posted by skid
With all due respect --You call gaining 2 cents on a gloomy Monday when all others are falling ,mirroring XRO?
I can understand why you might want to lock in some profits ,but the xro thing has got me stumped.
Well you see, the thing about the mirroring is that it's not exactly time synched. I refer to my post (9846 on this thread) when PEB had pretty much bottomed out at 0.65 and XRO moved, and I was pretty sure PEB would follow (but it was lagged):
http://www.sharetrader.co.nz/showthr...l=1#post498764
Now this 2c rise today, 0.93 sells were slim to start with, now they're stacked. I was the only seller at 0.92 this morning when I sold, now that too looks stacked, and .90 looking weaker. The buys are getting weaker and the sells are getting stronger as time goes on today. In fact, look at the total volumes on each side right now... 117,866 to 483,755. I am just a little worried right now.
I'm not locking profits, I bought at an average of $1.20. My main aim is to increase the 25,000 shares I had to something a bit more without putting in more money.
-
13-10-2014, 05:09 PM
#9636
Looks like you made the right call there Klid--I did the same thing a while back only same amount of shares at a lower price after buying-selling-buying so I cant fault your strategy.
I would say good luck,but not keen to see SP drop
-
13-10-2014, 07:52 PM
#9637
Member
The depth screen is not necessarily a good indicator. The fall today and yesterday aren't really that material considering the hit the markets over all are taking
There was above average volume on the rise to the retest of 95c and then low volume yesterday and today. This shows that large effort was required for the price to rise and low effort for the price to fall. But overall its been pretty low volume in this trendless period without large accumulation or distribution as further developments are awaited.
-
14-10-2014, 10:22 AM
#9638
Member
Originally Posted by klid
I've sold my 25000 at 0.92. I said to myself if XRO trades 5% lower to consider and yeah. Will get back in once my nerves settle.
Re-bought 26,500 @ 0.86. $72.63 cash over after the fees.
-
14-10-2014, 10:23 AM
#9639
You may be right wolf--but I decided to stick to my strategy of locking in profits if it fell to 85 (sold at 86)It was a defensive move -[the 88 got pulled when the sell dried up)
There were several reasons for this (besides sticking to my plan of letting profits run but not watching it fall past a certain point)
The first is that id planned on selling before sales as I think they still could be low and the general investor crowd could get a bit titchy.
The second is the market in general is looking scarey to me --It could drive the price down ,even though it is a perfectly good outfit.
If that does happen Ill be back on board.
Both of those reasons dont necessarily mean anything against PEB as a company--I think they will get there--Its investers and the market that Im not so sure about.---I will continue to watch both PEB and the DOW with interest--Best of luck to those still in
disc .banked couple grand this time around to cover the grand lost first time around with a grand left over
''He who fights and runs away-lives to fight another day''
Last edited by skid; 14-10-2014 at 10:34 AM.
-
14-10-2014, 10:27 AM
#9640
Originally Posted by klid
Re-bought 26,500 @ 0.86. $72.63 cash over after the fees.
Good call Klid--looks like you may have bought mine
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks