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fffoyzer

1,640 Posts.

21/03/16

12:33

Post #: 17326609
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Originally posted by accaeric ↑

If you thought 1PG not worthy $1.2 just after few months sold at $4?
Wonder what was the reasoning of holding up to $4?
If the company was so bad, would be sold at $3, $2 or less.

1PG share price did get ahead of its performance which is quite common that lead to turn into bearish at that time from me.
But at current price, I strongly believe it will bounce hard.
If they did not push price low enough, they would not be able to get millions of shares at such price, that’s just a part of the game. They'll lift price and the retails turns positive, they'll take profit, this has been happening all the time.

For BRN, I have a similar view as PSY while it was hyped over 50c, BRN has E/V of $147m which is higher than 1PG, with no revenue and still at very early-stage, as you have access of broker data, i have no idea why BRN would have a higher valuation than 1PG.

That's probably where the opportunity arises.

All imo.

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I have a buy order in at 1.01c .... looks a good opportunity here

Any chances of bad news in the March 31st report?

1PG Price at posting: $1.12 Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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