PEN 2.02% 9.7¢ peninsula energy limited

chart march 4, page-6

  1. 787 Posts.
    Dear Mr Money

    With full respect to your charting abilities, I think your scenario for 11.5 cents on the 41 day MA is my (B)scenario.

    My little black box is indicating -

    ( Without further announcements of significance )

    An (A) scenario of just below 10 cents.

    My reasoning being an institution, working over a stock ( which IS currently obvious) with a bot will use a poison arrow on a block of stock, sitting (perceived bargain price 11.5 cents)to knock the confidence of the late comers, to achieve volume and lower VWAP for maybe some kind of placement. IMO

    Then, she WILL bounce. IMO

    My thoughts only . . . . . and you do have talent, just be aware of those nastey fundies.

    SwissB
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9.7¢
Change
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