Using my intelligence I can say that today's investors chasing shiny objects. Fund and bank managers are also pilling into a upside moving stocks and sectors. But smart money know how to hedge and leave a trade. Typical investor won't.
Peninsula is boring. It have boring name, investors can dig into technical information rather than populist talk. Also building a mine and processing facility is not welcome. Dilution was at expense of long term shareholders. I bought at 23c, add in a big way at 6,2c, sold at 10c with 30% profit. After this panic selling I'm again in. I like uranium sector but looking at stocks, they are not cheap anymore. But some of them are. In my opinion, Peninsula is one of them. Think about people you know who invest. Do they will understand Pen fundamentals? Probably they don't care. Price is not going up- they are not interested.
Bitcoin, Nvidia, Oklo, SMR- these are interesting themes. Price goes up - you buy. It is so simple. Why to wait for value.
It is like with silver and gold sectors. Investors were beaten for so long, that they couldn't believe in price breakout and go north.
I'm just waiting now.
- Forums
- ASX - By Stock
- Remember Target ... $12.36
PEN
peninsula energy limited
Add to My Watchlist
0.00%
!
62.0¢

Using my intelligence I can say that today's investors chasing...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.97M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PEN (ASX) Chart |
Day chart unavailable