PEK 0.00% 18.5¢ peak rare earths limited

doing nothing, page-35

  1. 1,280 Posts.
    seecat - I don't think "we" got it wrong. I think sometimes it just takes a while for true value to be realised. I still believe PEK will climb nicely over the next few weeks.

    Like many people, I sometimes get frustrated when the market doesn't behave as I would logically expect it to. Then I remember that it doesn't HAVE to behave that way. All you have to do is look at EGO over the last few days....it's insane and yes quite a lot of people will have made a decent chunk of cash this week, but the whole thing is going to unravel before
    too long and the price will surely drop back a reasonable amount. The volume cannot be sustained for much longer. (all just IMO, of course - and as I said, it's "logic" vs "illogic").

    Time and patience will pay off with PEK. It is solid and will have it's day. Just not today.

 
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