Hi [happydayz],I must admit that I do not agree with everything that you have said.
If you are a charts person [as I study the charts as a daily religion] you may have noticed that the RSI was in the overbought mode.
[and as a charts person, this means that the RSI [and also the MACD must fall, [a lot] before this stock will rise again]
But from the Boardroom radio from last Thursday had only silver linings to portray, this was not going to happen.
The few sums that I do to [try to] predict the ups and downs of the market suggested that PEN was likely to fall to .055.
I didn't like the prospects of this at all, -- but for an organized group who are looking for stocks to "short sell", this was "THE" perfect situation.
When the market started short selling yesterday I was not really surprised.
This morning I had my numbers prepared and I bought and sold a number of times today and accumulated a number of shares.
[whether I consider that they cost me what I paid for them or if I will consider them FREE, I will let the tax man calculate].
Today these people picked a lot of "carry free" shares, -- but realizing what was going on that the time, [ie yesterday] -- so did I,-- [pick up shares. that is.
Tomorrow, we are still ripe for them to do this all over again. So I already have buys in place tonight.
May I say, "great stuff", to all the people who were able to pick up shares at a really low price, -- my suggestion to them is put them in the bottom drawer with the others they already have.
Gus said that he would be giving us information on a "bi-weekly" basis, --I take him at his word, so that means by next Thursday our PEN shares will be going up again.
This is only my opinion mind you.
Cheers,
T.D.
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Last
9.1¢ |
Change
0.003(3.41%) |
Mkt cap ! $290.0M |
Open | High | Low | Value | Volume |
9.0¢ | 9.2¢ | 8.9¢ | $442.2K | 4.887M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 304692 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 56231 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 304692 | 0.091 |
2 | 101836 | 0.090 |
2 | 111235 | 0.089 |
4 | 526851 | 0.088 |
1 | 11494 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 56231 | 3 |
0.094 | 115374 | 3 |
0.095 | 473452 | 8 |
0.096 | 48000 | 2 |
0.097 | 389534 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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PEN (ASX) Chart |