Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:volume

[griefman]

Well, I wouldn’t exactly characterize this trade as a game, just differing outlooks on what is reasonably a 50/50 chance, or actually a lot less on a white knight scenario, maybe 95/5, pushing the offer higher.

Cant hurt to dream, but it does make you wonder why the need to liquidate a position now when you know you will almost with certainty get 24 cents for each share, unless you really need the funds.

But on the other hand, you’re betting it will only be 24 cents and the extra half cent doesn’t really make much of difference to hold your funds back for a month or so.

I guess time really is money...