Peregrine Diamonds Ltd. PGDIF

Blocky trades happening

[ekim]

11:50:59	T	0.30	0.005	4,000	9 BMO Nesbitt	2 RBC
11:50:59	T	0.30	0.005	6,000	9 BMO Nesbitt	2 RBC
11:50:59	T	0.30	0.005	15,500	9 BMO Nesbitt	2 RBC
11:50:59	T	0.30	0.005	13,500	9 BMO Nesbitt	2 RBC
11:50:59	T	0.30	0.005	86,000	9 BMO Nesbitt	2 RBC

BMO versus RBC.

Looks like 30 cents is the tipping point for share ownership tranfers.

LONG...PGD

EKIM

[Shopperator]

Hey EKIM, Please elaborate. Thanks in advance, Shopperator

[Fivecarat]

.30 broken for now, last .315

[ekim]

100K+ shares usually is sold into the market and causes the share to decrease a bit...and 100K+ bought in the market causes the shares to increase a bit. There was't much on the bid or ask when these 100K+ trades came through. It is like the buyer and seller timed it perfectly to come to market to execute the trade. Also, because it didn't move the price, it still adds volume to the

[Fivecarat]

Jumped to .35... Warned not much inventory, but I didn't think it would get to this SP so soon, was thinking .33

[ekim]

Is it setting up for another attack at the 38/40 cent range? Are we going to have another consolidation Friday? LONG...PGD EKIM

[Fivecarat]

I don't know Mike, but I still think it's trading in a strange manner...it goes crazy with a frenzy of buying and then boom, goes to sleep, like literally taking a breather.  In the past, it rebounds after this pause, so we might see another run over .35 before the day is over, or its going to under .32, just guessing of course.

[ekim]

The more of these attempts and spurt accumulation moments the better. Each time we pull back...there should be less and less sellers and eventually that should lead to a time where there is potential to really move this stock. LONG...PGD EKIM

[Fivecarat]

Depending on what side of the fence you are on, or on the fence, these moments can be un-nerving.

[Shopperator]

Thanks  I am long SWY @.67, IVN @bloody 1.50 and PGD @.21-.28.. They have all perked in the recent past(thank god!)