belly, page-6

PEO SP is going nowhere.
1: NZ has a population equivalent to Sydney, in short it is a very small market.
2: 70% of the company is owned by 4 people, most of their shares are in escrow until July 2006. Do you think they care about the share price?
3: The 500k at 16.5c is fake. If you wanted the shares and had that kind of money you do not sit at 16.5c.
4: The SP would be higher though, if small holders after a fast $ realised the above three points. In short if you cannot afford to hold PEO until July 2006, sell, don't buy.
5: If you do want to trade this stock it is not a three day trade, it is not a five day trade, or even a two week trade. Go back over the last few months, look at the charts, and analyse.