PEN peninsula energy limited

termination of share placement , page-133

  1. 489 Posts.
    Markets are reactive not proactive. You are being reactive not proactive. Being reactive is buying high and selling low. This stock is trading at or around its current net present value, it is at its intrinsic low point. This Market is at it's low points, trading at equivalent ratios far below historic averages.

    Looking at the long term, this is buy territory not sell territory. Looking at the short term, that's your gamble because its too volatile for anyone to call.

    That's my position - call it what you want
 
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