PEN 0.00% 11.0¢ peninsula energy limited

Hi Quantum46, if there is a difference between PEN and others...

  1. 342 Posts.
    Hi Quantum46, if there is a difference between PEN and others today, it would be a good thing I expect, given that it would signal that the broader interest in U was not greatly affected. If there isn't much difference at the end of today, the panic day, then a 10-20% hit is probably not unexpected given the media instilled panic that prevailed over the weekend.

    The other thing to think about is what would happen if energy sentiment started to move against U due to the Japanese problems. Firstly, the world can't really afford to change its direction here due to climate change. Second, there is already massive investment in projects that are underway that will test supply availability, even if planned reactors never get off the drawing board.

    The point is that the juggernaut is rolling.

    I am not worried, still a four bagger for me with plenty of upside.
 
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