POSTED BY SOMEBODY ON SS
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25 May 2007 - Sonray Equities morning report by Peter Taylor
PGL – HOLD
Receives “Overweight” rating by US Broker Thomas Weisel
Looked like some margin pressure selling yesterday – sell off recovered most.
This one is going to take some time to show a return but investors and traders should be patient and keep holdings appropriate to their overall account size.
Broker Bell Potter was quoted in the News last week, promoting PGL with a $14+ price value.
If this were a US stock then it would probably be there already.
PGL is probably the best BioTech opportunity in Australian currently.
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