TSXV:PEM.P - Post by User
Post by
prospector7on Sep 14, 2009 8:26am
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Post# 16302601
To Be Honest
To Be HonestI put the blame on PEM I really like the PEM team great people who know the Business of exploration and the strike zone.
But lets be real folks you have a junior company with no $$$ in the bank it goes from ,09 to .55 overnite with core samples in the lab and no $$$ in the bank.
As an investor you sell and take a profit anyone would be crazy not to period you just won the lotto folks can't get any better of a time to take a profit.
All invetment companies, stock promotors and news writers tell people when to buy or sell if I remember right J Taylor put a sell out on PEM at one time.
The fact is there is a lot of groups on this site all of them send alerts to buy or sell it is the name of the game and fortunes are made and lost in seconds. If a guy like Coffin never told his group that it is a good time to take profit his name would have been mud. I will bet you that same day there was a lot of brokers telling their clients the same thing Coffin told his group take profit on PEM.
This whole market is manipulated by a number of different people always have been and always will be. If you can't take the highs with the lows you had better invest elsewhere because the little guy needs all the help he can get and read between all the lines everyday.
If I was sitting on the board of PEM I would have voted to do a PP when it was hi along with the hype, it would have been filled over night at that point and we would of had a very different picture today.
Myself as an investor I emailed PEM a long time ago and stated my case as a holder of PEM. and told them my thoughts about doing a PP.
I just hope now after the fact that PEM can fill a PP late in the year and get enough $$ to do a drill program before the snow flies. The blame is on PEM folks not the Coffins, bashers, writers and pumpers on these forums.
I'm still a PEM believer and want to see that strike zone some day. As an investor I like going to the claim and check out the real story for myself when I have the time, to get the real facts on any of my long plays. GLA