PEN peninsula energy limited

easy money, page-8

  1. 44,207 Posts.
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    Howdy BlckSteel,

    I have no idea what PALA are thinking and as of the moment they are still sitting on a profit.

    As I replied to jasonjay:

    "people are going to make some easy money from this.."

    That may well be true. Some will lose money if they sell lower than they purchased."

    So there will be buyers that have lost money. PEN has gone down and as in every sine wave it may return to the upwards section of the wave. That is why charting is a re a good hindsight indicator.

    Will it return to the previous high of 16cents in the near future, probably not.

    Time will tell.
 
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