Peregrine Diamonds Ltd. PGDIF

Different Scenarios

[Kidlapik]

Not sure which way I am going to go but here is how I am looking at it right now. Option 1. Hold enough cash to cover all my 0.10 rights from Nov.16-CH-7 news and buy up any dips below 0.10 then post CH-7 news sell on any rally to cover my 0.10 rights +over-subscribe. Option 2. Dump entire PGD holdings prior to rights being issued, before Nov.26, in anticipation of the stock repeating what it did the last rights offering. Which was to stay pretty firm in price before the rights were issued and then immediately drop to strike price then trend well below strike price for a time. Giving me the ability to re-enter at a cheaper price while increasing my % ownership which to me is what matters. Got some thinking to do.

[Kodiboy]

Kid, if it makes financial sense for you to do whatever you choose, then that's what makes it your individual decision of course and only you know what may be best for you based on what SP your buy ins were at...good luck!

[mill44]

Alberto, this is why I don't put anyone on ignore. I would hate to lose out on stuff like this:

[alberto782007]

"There is a time and a place for everything, Cato! ...and this is it!!" Inspector Clouseau

[Kodiboy]

Mill, your brilliance was hoping the price goes so low you could put more of your shares into a tax free account, so very smart, such great investing strategy...I hope my stock goes down...huh? my comment was of course not rocket science and was merely intended to point out that people like you who give advice without a full picture of everything that one should have when providing advice, is

[mill44]

SGF did not drop under 9c in it's worst, you think PGd would do worse? Don't bet on history. Different levels, different incentives. I would expect it to drop toward 10c around exercise, but under? Then you can really blame the management for a screw up.

[MrBigger]

Seller's were exhausted yesterday, there were huge bids beneath the closing price. Did anyone expect it to close where it did yesterday?  I dumped 90,000 at .16 bought back 40,000 between .135-.15 Will see how it plays out into December.

[mill44]

SGF did not drop under 9c in it's worst, you think PGd would do worse? Don't bet on history. Different levels, different incentives. I would expect it to drop toward 10c around exercise, but under? Then you can really blame the management for a screw up.

[Gauwd]

note to self, PGD is doing worse than Shore, much worse, so can it?  Sure can, management has proved this already,  in spades, and history is repeating itself glta, were going to need it