TSXV:PEC.H - Post by User
Comment by
bullcharton Aug 15, 2012 6:46am
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Post# 20218722
RE: take your gain
RE: take your gain glenn... we hear you but to be fair PTV was a different kettle of fish. Got to compare apples and apples. First it began at .025 and did not get even 5 million vol until .095. (280% gainin 7 days) then 4 days later .12 (380% gain) before getting the sell off at the top and 12 million shares trading. You will come to see PEC much different than the classic pump and dump. First the volume was at the low. .07 and now decreasing as this moves back to the .20-.30 level. There will be profit takers on the way up but the .07-.10 base is formed with volume in place. Warrants were extended to Mar 28 2013 with an exercise price of .50. PEC has only gained 77% and we have bashers coming in to plant doubt. These guys either missed the .07-.10 shares and now want on board or they are being paid to do this so larger companies can buy cheaper and hold the price back from climbing too quickly. This may take patience but the trading basics have been covered. As of yesterday, I have 50k shares free holding, all paid for and will do the same again on weakness. Most traders are doing this now. Buy hard when volume supports the price and lighten up on part of the buys to get free holding shares. You will never lose on that even if the shares you now have go back to 0.00. If it is real and .07 turns into 1.00 or whatever, you can do very well. The only way to play the venture IMO. BTW, if PEC gained 380% in 11 days like PTV did, PEC would be .31 and I would not expect to see that happen in the next 9 trading days but within the next couple months, entirely possible.