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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

Bullboard Posts
Post by prospector7on Feb 19, 2010 9:21am
250 Views
Post# 16799087

level2

level2is the same again House 7 offering 117000@.42 if it the same guy who bought 687000 shares of PEM. First of all very different to offer 117000 shares as one block at this price. If he was creating a block you would think he would put it higher. At this level they will sell and the price will drop like the other day.
The only thing possible you would think is that he has a huge wack of PEM at a lower average and wants to bring it down more to buy more which is what happened the other day house7 was on the sell but also on the buy side with anon.
So I'm hoping it is the news is good and they are trying to drive it down again to accumulate before NR and maybe Taylor giving PEM a boost today.
I'm hoping we have strong hands today and those .42 sell right away and we go up. If we all bought 12 of us bought 10000 each of the bell PEM will get a pop if we get scared out it will drop. House 7 did hit the bids @.41 the last time to drive it down. We create our own destiny GLA I sent an email also to JT good idea Coffin
Hey house7 rethink your strategy today because PEM is going higher and you are giving away those .42 that you could sell for .45 later today JMO I hope and pray lol HOUSE7 is someone buying through TD
Bullboard Posts