Peak Discovery Capital Ltd V.PEC

microcap.com note thursday morning

[Cstovin]

centriolo not sure what planet you are living on but i made 200% on porto thanks to deadlock's recommendation of porto and have sold all the way up to 0.25.  i am a paid microcap subscriber and have been for years and thursday morning, hours before the selloff, deadlock sent us an email saying it was taking the company way too long to issue an update and because they had been in the target zone for at least a week, we should have seen a stronger price or news by now. he told his subscribers that it only makes sense to take some money off the table in these situations. that email was sent early this morning while the price was near 0.20 and it traded for hours near 0.19 and 0.20 following that email update.

deadlock has been recommending porto since it was 0.07 this summer so don't fault him if you are too cheap to pay for his newsletter.  i still left some money on the table but only a small fraction of what i have been selling above 0.20. deadlock's note this morning was a combination of luck and smart thinking because of the delays. i have made a lot of money off his picks and porto is one of them. If you want to blame anyone in this situation it is the computer driven trades that destroy these stocks in seconds or minutes. this could have went either direction. in this case, it went down.