PEM 0.00% 35.0¢ perilya limited

any opinions people, page-5

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    weight of money driving this down flush weak hands so the big boys can average down and re-balance.

    now in the auction period two sellers (220k, 200k) at $2.55 pegging it down further.

    Obviously someone wants out and until that overhang is removed, we may see a lower price yet.

    I hold, but did offload some on the way down.

    Chart wise i now see $2.20 a possibility in this downward trend, the only thing that would reverse things is an upward move in zinc prices.

    I thought $2.58 looked like a promising bottom after bouncing off there a couple times recently.
 
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