Peregrine Diamonds Ltd. PGDIF

RE:RE:Under 20 plan....

[Kodiboy]

Mill, this is why I get really confused by some of your posts, I'm trying to understand and with all seriousness I am not trying to bash you with this question. You keep saying that the stock needs to get to a certain level, I think you use .30 a lot and .40 & .60. Ok I kinda get it but what I have a problem with is how do you think it will get there if no one is willing to sell their shares? I'm exaggerating a litte of course. Plus why do you want it to get to a higher price unless you want to sell at some poibt? What's the point of holding when it's just going to go back down. Everyone knows if we get great news the stock will go up, but we also know that almost 100% of the time the stock will retract some in the following week or so, so why not sell? In this stage of the exploration process it is hard for the stock to maintain an advance after news, history shows that and it's not brain science. So yes, I understand the supply and demand concept but realistically you cannot expect people who have bought in recently to most likely liquidate some of their position, if not all. After all there has to be some supply or there are buyers period. I'm generalizing here but I'm trying to understand why you think it's a bad thing for people to sell, flip or whatever you call it. I'm sure you cannot say you have never done that?