Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."

GREY:PGDIF - Post Discussion

View:
Post by maintenance1 on May 03, 2015 9:42am

TA

People have unrealistic expectations for TA. There are traders who through consistantly successful trading over years prove that TA works. TA can give a slight advantage. Maybe half a percent or so. If you can get a half a percent daily, by the end of the year you have well over 100%. Further, stocks are arguably random. Futures are trend in a more predictable fashion. Most successful traders trade futures. With lagre cap companies TA can be applied for small incremental gains without too much risk. If Exxon drills a hole and oil gushes, the stock might go up one or two percent. If the price of oil drops at the same time the stock my even fall dispite the discovery. If Perigrine drills a hole and oil gushes the stock price goes to the moon regardless of the any changes in oil prices. That is why shorting small caps is so risky. You could be facing bankrupcy over night. Not with Exxon.  The only thing I have seen with TA applied to juniors is that fairly often there will be an increase in volume and price shortly before a news release. Is it because of leaked information? Who knows? You do see it sometimes. I have not seen it with PGD. All that aside, I would be very surprised if PGD does not reach $1.00 per share before this time next year. That isn't based on TA. Everyone knows what is out there regarding PGD. Why the price is where it is baffles me. PGD is one of those rare no brainers. Thats enough rambling, I have gardening to do. :o)
Comment by Fivecarat on May 03, 2015 1:05pm
Agree maint. My only issue is that I just don't believe you can use them for a stock like Pgd, or any spec stock at this stage of life.  With an established stock, like Exxon, maybe you can because you have some consistency for many years to be able to "help" you understand where it "may" be headed and how best to take advantage of the cycle of past history.   ...more  
Comment by ekim on May 03, 2015 2:50pm
How long? Until they either get taken over by a bigger entity or I can sit back and relax while I collect my 20 to 25 cent dividend each and every year. LONG...PGD EKIM
Comment by maintenance1 on May 03, 2015 6:07pm
That's long!  :o)
Comment by ekim on May 03, 2015 7:58pm
Same mentality for both Hope Bay and Mary River. Didn't get any dividends from either of those. Neither had the rock value that CH-6 has. and truth will come out on the rock value of CH-7 soon. Soon being a relative term. We will be talking about CH-7 valuations before you know it. December? LONG...PGD EKIM
Comment by Fivecarat on May 04, 2015 10:58am
Hmmmm, had a smallish order for .34 for the past couple of days and the way the day started, I didn't think it would get filled, but it did.  Usually don't mention my trades,  but for some reason this one kinda caught me by surprise in a good way...now she can go back up!
Comment by ekim on May 04, 2015 11:48am
Someone from TD decided to sell @ market 45K shares....rather then just sit on an ASK price. Not the time to be selling. If they haven't pulled the plug on the bulk sample program yet....the next 14 days still looks very reasonable for continued drilling. The last news release was set up with potential bad news. If things go well...the next will actually be an exceeding good news type ...more  
Comment by Fivecarat on May 04, 2015 12:29pm
You just never know why someone will sell and if your seemingly low bid wil be filled.  It truly surprised me and that's the absolutely only reason I mentioned it here...you just never know. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities