Manipulation, page-57

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Naish

2,061 Posts.

28/08/15

20:14

Post #: 15896944
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Originally posted by cocokat ↑

I will stick my neck and and call today a top for the next 12 to 24 months. There seem to be only two possibilities here. The first that I'm totally wrong and the sp keeps rising to who knows where. If that plays out then I would expect some serious insider trading charges as the sp has smoked from $1.00 to $4.00 on no news that would have sparked that sort of appreciation. The second is I am correct and the sp depreciates to somewhere that reflects 1 pge's true value but if the 2nd scenario is the correct one the sp will no doubt overshoot to the downside and become quite ugly. If I held this one I would hope that i would have the good sense to sell 3/4 and hold 1/4 but once you've got the rose colored goggles on it's very hard to remain objective. There have been a few times when I should have taken the advice of non holders as they can at times look at a stock without the emotion that we get when a few K is on the line. Good luck to all.

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Suggest you read the Aug 13th Presentation. There you will find the reason this has gone from $2.50 (not $1 as you say) to $4.30. Could see a pull back Monday with qtr cash report. But if the market likes it - ZOOM ZOOM ZOOM!!!

1PG Price at posting: $4.30 Sentiment: Hold Disclosure: Held
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Manipulation, page-57

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