PEN 5.00% 10.5¢ peninsula energy limited

Hi [happydayz],I must admit that I do not agree with everything...

  1. 80 Posts.
    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
10.5¢
Change
0.005(5.00%)
Mkt cap ! $334.3M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $1.047M 10.19M

Buyers (Bids)

No. Vol. Price($)
70 9842754 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 4002799 32
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PEN (ASX) Chart
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