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Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."

GREY:PGDIF - Post Discussion

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Post by mill44 on Mar 26, 2015 12:11pm

People

jump on me when I ask about selling. Always the same answer, why would I want to sell? Just look around, even today, you could have bought probably couple of million shares at 21.5-22c. How much would you get if you had to sell 100.000 shares on the market?
Comment by mill44 on Mar 26, 2015 1:19pm
Just to prove my point, someone sold over 550.000 shares of SGF, market. Dropped the price 25%. Hard to get out, especially without proper planning.
Comment by Fivecarat on Mar 26, 2015 1:27pm
Geez, why would you want to automatically get out of SGF in that situation?  Already back to .205 and who knows might finish the day up.  Sorry, I just don't get it, it's not like that caused everyone who owns SGF want to get out?  I'm sure you would have been prepared for it Mill.
Comment by mill44 on Mar 26, 2015 1:39pm
Fivecarat, is there even anything to say about your comment? I will try, though. Does it matter what happens with others or just you? Does everyone need to sell for you to get burned if you are forced to sell? Do you think that the guy who got out as low as 13c from that trade will see a lot of solace if the stock finishes at 25c today? This is how everyone here ends up as a long time holder. For ...more  
Comment by Fivecarat on Mar 26, 2015 1:52pm
Mill, it's obvious you are a superior investor to most here, and all I am saying is that sometimes doing nothing is OK and sometimes, not always, is your best bet.  Sure we all want to make money, but having a heart attack before your time because you're so stressed out is not a welcome outcome IMHO, ask the Gman.  Relax, be happy, enjoy what you have! You don't always have ...more  
Comment by mill44 on Mar 26, 2015 2:18pm
It is not about being superior. It's all about being mocked for a question, just because it does not go with your ideas. Look at Normalguy's comment. What is that have to do with anything? I know you are one of the lucky ones who averages less than 20c but even you would not be able to make much of a gain if you wanted to liquidate your position today. So how can any long talk down to ...more  
Comment by Fivecarat on Mar 26, 2015 2:40pm
IVN reacted exactly pretty much as almost any resource stock, up on news, down a couple of days later, don't have to be a brain surgeon to figure that one out, no?  Happens, I don't know 90% of the time?  So no surprise there IMO. I don't agree with derogatory comments when they seem to be serious, I kid once in a while and I know that on line that can be hard to sometimes ...more  
Comment by justanormalguy on Mar 26, 2015 3:27pm
Ohh Mill, why don't you go and grab a nap. Your assumptions are wrong again.  I've had people like you work for me, and, I fired them.  BTW, my average price is 27 cents with a lot of shares and warrants.  This is my "play" money.  If I lose, fine, if I can profit, fine.  My time frame if you are interested is 5-10 years.  And don't misquote me, ...more  
Comment by Fivecarat on Mar 26, 2015 3:35pm
Ah here is a perfect example of how communication here gets all,screwed up.  Mill was directing, I believe, the IVN comment to me, not sure about the other part though...confusing, yes! Just a note on SGF, seems there was a mistake and now a correction about the low today...not .13, but .175.  Was wondering how on earth it went that low.
Comment by justanormalguy on Mar 26, 2015 1:27pm
Yup, and even harder to get in.
Comment by woundedknee on Mar 27, 2015 7:04am
I actually added another 100k average 22 cents. Call me stupid, but I did it.
Comment by Fivecarat on Mar 27, 2015 8:21am
Stupid....just kidding, just kidding. I want to add to my position this year, just really not sure when to be honest.
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