Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.

TSXV:PEM.P - Post by User

Penbar Capital Ltd

Bullboard Posts

Post by TAPickson Mar 28, 2011 9:21am

214 Views

Post# 18348904

A clear break from range bound!

Premium has clearly broken out of it's range bound channels and had a super day on Friday posting 20.6% gains on the day with 3 times the normal volume. Indicators are not yet oversold on this so we should see it move to the top of the new trend channel before seeing a pull back on it. Last time I spoke about Premium was January 10th in my weekly newsletter when it was only
.47 ... Almost a double in 2 months!

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