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"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."

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Peregrine Diamonds Ltd. > Definitely

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Post by mill44 on Apr 20, 2016 2:48pm

Definitely

kids trading this with pot money. Why else would you have Questrade with a single lot of 500 on the sell side? They have an other 500 lot to sell at 23c.

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Comment by kidstock1 on Apr 20, 2016 2:58pm

How do they even pay the commission on executing the order??? They would need to have a minimal 10% price increase on that many shares just to pay the commission charge ...I dont understand these 500 bifs and asks

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Comment by mill44 on Apr 20, 2016 3:07pm

A lot of the times the commission is what kills people. I think that there are people who don't realize that the broker is the only one making money on their trades. It looks like Questrade's cheapest trade is 4.95$, unless they are on the active trader program and somehow I cannot see people trading with 100$ on that. To be honest, if they bought at 10c and sold at 19, they made over 60 ...more

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Comment by mill44 on Apr 20, 2016 3:14pm

one lot could be used to test the water, sentiment or just to force a move. It is cheap on these penny stocks to try to manipulate them. This one caught my attention because it's a house that seldom shows up here. There was the 1 lot sold at 19, there is a buy at 13c and another ask at 23, that's it. So for sure not manipulation.

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Peregrine Diamonds Ltd.