Peregrine Diamonds Ltd. PGDIF

Let's go PP, let's go!

[Durkastan]

This stock will certainly continue to drift lower until this PP gets closed. Nothing like a lack of news to shake out shorter-term investors.

Volume is back to its pitiful pre-September levels.

It's been a little over 2 weeks now since the PP was announced. I can't help but think that there is news lined up and waiting to go. I don't like the thought of that much, since my past experience would suggest that contained news always finds a way to leak as time wears on. Perhaps management simply knew that it might take a long-ish period of time before the next results were available and took the opportunity to jump in for a financing.

Just musing on a boring Friday, really.