Peregrine Diamonds Ltd. PGDIF

Market woes

[ntagain]

Does anyone really expect or want them to release the news, good or bad into todays market? Surely to god they will be waiting for a least some kind of positives.

[mill44]

Why not? If the results are not good enough, the shareholders are done anyway, bad market or not. In that case there is no way they can go to the market for money for future work. Everything will be coming from the Friedlands. It will be years before the share gets back to 20c. I don't see any market condition that could cushion that.

[Kodiboy]

As a professional investor, as Mill suggests he is, then if you truly believe that this will not go to .20 for years, why on earth would you stay in it?  Would you not get out, lick your wounds and move on?  I just don't get it, but if that's what one wants to do, then do it, but stop crying woe is me and stop blaming others...move on man!

[Kodiboy]

I would hazard to guess that not everyone who says they have a current position in Pgd do and vice versa...sorry I don't believe any of ya!

[Kodiboy]

You could look at it the other way, when all is dire in the market, would not great news be refreshing and notable? People keep harping that the results must be poor because they are seemingly delayed.  But these are same people who are the ones creating the thought that results are delayed...wonder why?  Maybe, just maybe they want to pick up some cheap shares? Otherwise, what's