GREY:PGDIF - Post by User
Comment by
mill44on Jun 21, 2016 1:02pm
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Post# 24984020
RE:RE:RE:The stock will pop
RE:RE:RE:The stock will popPeople assume that the PEA will be the answer to their prayers. It is a bit more complicated than that. PGD has a lot of shares in the hands of people who hold more than they are comfortable with. Those shares will be up for sale soon. The PEA should bring in more buyers, maybe even serious ones, but will they buy at once or go with the possibility of a financing coming soon?
Serious investors know that capital is the most important thing. It's not how much you can gain, it's how much you can lose, because if you miss a chance, there will be an other one coming, but once you are out of money, you are out of the game for good.
So what will it be? Buying because of the PEA or selling because of the very possible financing? No matter what people say or hope for, we don't know yet. Soon.