Peregrine Diamonds Ltd. PGDIF

Morgan Stanley robot versus anon?

[ekim]

Seems to me that Morgan Stanley is trying to keep the share price down with the 500 sell lots while Anon is buying chunky buys from the retail investors who are selling because of the pressure on the stock.

Classic accumulation.

could be the same sellers from Morgan Stanley doing the buying on the anon side.

Analysts wanting in are not going to be happy to just buy shares on the market and drive the shares up...they want to get in as cheaply as possible.

Retail investors are left to hang on or get off the train.

LONG...PGD

EKIM

[maintenance1]

Perhaps the auto dump of 500 per minute is nothing more than to test which way the market will go or how fast it will move. I imagine they are market sells. If that is the case, clearly the market is going nowhere.

[ekim]

Nothing is clear maintenance. Did you sell out and want to get back in at a lower entry? Not a bad plan if it works out that way. LONG...PGD EKIM

[mill44]

Based on history it has been a better plan than holding.

[Silverwhere]

Hmm, a backseat driver using a rear view mirror as well. Maybe this sly one will get stuffed in the trunk at some point . . . . . .

[NoSkynet]

based on history? how many times have they released a positive pea in the past? try harder mill

[mill44]

History of reaction to news, Skynet. It is true that what has worked before will stop working at some point, but until then it is smarter to stick with the proven. I was wondering who owns PGD, traders or investors? What does it say about it when the move from nothing is as big as the one from a positive PEA?

[NoSkynet]

It says nothing , but to suggest that any news warrants the same reaction doesnt make sense. suggesting to look at history i can also say look at what happen 6 years ago when they found kimberlite. but that would be silly. totally different stage in the game with different things prooven, i dont even know why i bother, everyone else gets it.  last message to you and cudjo. theres really no

[mill44]

Fool who? How about the posts about the uptrend? About how we will not see 30c anymore? All I was saying all along that there is no evidence for that. All what I said after the PEA was that it looks like it is still fear that comes to mind when you look at PGD. An uptrend is fuelled by greed. Until you see that, there is little for the holder, but disappointment. If people leave the conference

[maintenance1]

No. I began buying a few years ago and have yet to sell any. It still angers me that management cut the price in half twice. There was no reason to cut it in half. I would have prefered to have been averaging up rather than down. Having said that, the economics of Chidliak are looking better all the time. Today's conference call was consistent with that. Regarding the project, not the

[ekim]

You nailed it. Many investors are warn down..yet mother nature at Chidliak has never looked better. Hard to keep that front and centre. Seems to be the biggest barrier. LONG...PGD EKIM

[mill44]

Exactly, Ekim. That should not be ignored because it will influence decisions. Very few people can eliminate emotions when trading. Psychologists say that your brain remembers the sensation that an action created and will try to recreate it or avoid it and that's why you do something against your judgement in trading. I think a lot of us are still controlled by anger and the ones ready to do