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

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Post by Pailon Aug 05, 2009 11:45am

376 Views

Post# 16192582

Posted to Wall Street Networking

See the note posted to WSN by Coffin below. He indicated to the group he was taking a FEW shares off the table. Big deal. Are people not allowed to sell? Obviously some just dumped in sell orders. I was able to react and get a few at .31 as I was on the phone at the time.

Glad to see some bigger holders lightening their load anyway. Makes less to come out when this moves up.

GLA

Taking profits!Taking a few shares off the table on PEM to lock in gains being up500%+ gains,this is the safest way to play it as the TSX is lookintoppy and could reverse on a dime. Still hold many shares going intonews and other developments with PEM... just a good time to take someoff the table and lock in gains!

Coffin

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