Peregrine Diamonds Ltd. PGDIF

RE:RE:Tax Loss

[Chefboy69]

Kidlapik wrote:
Last year at tax loss was just after the 0.21 rights offering and the subsequent wait period on CH-6 results + the hedged bets on people that were holding the 0.21 warrants. Some of the theories here are that somebody "anon" is selling either just to liquidate or to chalk up a tax loss then get back in. If they want to get back in they have to wait 30 days from the sale. I don't see PGD waiting all the way to 2016 to show off any diamonds, when they did the CH-6 bulk sample they did it in two releases. I would assume they will do the same thing. So we should have at least 1 substantial news release before years ends containing diamond parcel results. I do not think we will be down to 0.135 between now and results. If the results are ABYSMAL, which all data collected until now says it wont be, then there is the chance the price could tank AFTER the results are out. Traditionally you have a build up to the results as was seen on the charts up to the CH-6 results so the trend should favor build up not sell down. It will all depend on if Anon or Scotia or another party continues to dump into the market.

well the overl chart does not look good,,

I appreciate your input...but i have my buy in for 0.135

I will leave it there for the next 2 months and see if i get some shares...IF not

no biggie...still lots of time to load up

good luck all