Post by
ekim on Apr 17, 2015 1:15pm
Pause?
Period of Consolidation or profit taking or whatever you may want to call it...but going up 2 or 3 cents everyday will not last forever and today may be the breather.
It has been an interesting rally that wasn't tied to one specific event and was not sharp and short (over a couple of days).
This is the 10th business day since the start of the rally.
10 full days of volume and price increases....a bit of gas is being let out now.
A lot of energy was built into the stock. I don't think it will all disappate in one day.
Like to see a close @ or above 35 cents and go into the weekend for break.
Previous Friday's closes:
35?? (today)
30 cents (1 week ago)
22 cents (2 weeks ago)
22 cents (3 weeks ago)
19 cents (4 weeks ago)
Have to settle for a run to 40 cents next week.
LONG...PGD
EKIM
Comment by
Fivecarat on Apr 17, 2015 3:55pm
Pssst...Is it ok if we get back to Pgd for a sec? Well, we knew this day would come, down today on no news that maybe some were expecting, because Pgd said it would be around April 15, so understandable under de cercumstanses. Oh well, it was nice while it lasted, now about next week?
Comment by
MrBigger on Apr 17, 2015 4:42pm
Just profit taking IMO. Took some myself to add to MPV and BEP.UN (core holdings in wife's LIRA) Sold about 60,000 PGD the past several days. Still long 59,000 and may add if it declines further or signals that it is going to run. Do not to expect to sell anymore myself as I want to keep a core position in PGD for the next 10-18 months.