PEN 2.41% 8.1¢ peninsula energy limited

dfs release timing comp, page-123

  1. 17,233 Posts.
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    heres a tip. when and if the DFS comes out the SP wont go over 9c (big resistance at 8.5 and 8.8c imo)

    In fact, I wouldnt be at all surprised if the SP actually reverses due to the built up stagnant traders just waiting for an exit, along with the burnt holders who bought up at much higher levels being over 12c.

    See nothing is ever as good as you hope or as bad as you think, but getting back to that 14-15c level again is always much harder the second time round.

    Given the MC is 150 mill already, one must still be very careful.

    95% of holders won't even understand the dfs so it may as well be in hebrew, but what you will see is a run up and a large exit by current traders, so keep this in mind and try not buy at the top of the momentum scale, just my opinion.

    You always want to be first in and first out, unless your here for the long term of course so maybe more directed to traders.

    I still think this is a great day to day trading stock at this stage, but thats all for now anyway.
 
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