PEX 7.69% 14.0¢ peel mining limited

Chart, page-22

  1. 2,892 Posts.
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    Nancy,

    Agree with you. I have NOT sell any share 2 days prior to big pump. Pumping up shares actually benefit me, I wish they (people with inside info) pump PEX to $1 and I will be laughing.

    BUT, BUT I feel sorry for anyone sold their shares 2 days prior to announcement and insider bought up. It is illegal and degrade market ethical standard more than financial gain/losses for some holders.

    Without that trading halt on Monday, sp could have gone up to 25-30c (only 190,000 shares on sell side and most of them were on 20s) ie DOUBLE from 14c.

    I do NOT believe people (multi-buyers) will pay 50% premium (8c to 12c) and even double price without 100% certainty of info prior. Amazingly a group of them can accurately predict EXACTLY when lighting will strike (ie announcement).
 
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