Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:End of day uptick - close at 20 cents

[Fivecarat]

I just don't think a spec stock (diamond exploration stock at that) can be analyzed so definitively using moving averages and so forth when it's the exploration results and timing of such that drive, or should drive, the SP.  Without this latest NR, we would still be at sub .14 and would have stayed there or lower without using some kind of technique to gage where the price was going, and that's why I keep questioning the validity of using these techniques for a stock like Pgd.  If you could, then tell me when and why this stock will go up or down, before it happens, using a technique?  And saying it will go down when the volume goes down is not a technique as far as I'm concerned, at least not in the true sense of the meaning, IMO.

There is some very good info on the net on anon trades and it is indeed very interesting to educate yourself on why anon trading was introduced on the Tsx and the reasons for its use, far to much info for me to present here, but I can see why watching what anon is doing can be valid, it's just that one would be guessing as to why and maybe cause some paranoia as a result...that was my point.