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Great Panther Silver Ltd Message Board

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  • sonya20911 sonya20911 Jan 6, 2012 12:31 PM Flag

    All of the "Suckers" that sold last year

    did your trailing stop on PEIX sell today?

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    • sonya,

      No, I'm still holding strong and
      I don't have a trailing stop on PEIX.

      The MMs are just shaken the tree extra hard today
      because they know the time is short.

      The 8k report came out yesterday and said we hired someone to help oversee our plants.
      I think that spooked the MMs pretty good.

      The report dosen't come right out and say
      he was hired to help bring our Madera plant online,
      but that's what I think he was really hired for.

      That said, when that plant opens there will be no holding this stock back.
      Management said they may open the plant in the first quarter
      and this appointment kinda confirms
      that its going to happen sooner then later.

      The boys are monitoring the plants parking lot
      on on google earth for signs of activity and
      I think there were also some jobs openings for the plant in the local paper a while back.

      My guess is that's the reason
      the MMs are shaking the tree so hard today,
      they know the time is short.

      $1.05 is a very good BUY IN price.

      That's the price management gave to a group of private investors
      when they did an $8,000,000 private placement last year.

      Basically a group of private investors came in,and
      went over the books with a fine tooth comb,
      by the time they left the building
      they were so impressed that they felt comfortable enough
      to invest $8,000,000 of their own money in PEIX at a $1.05 share.

      It may go lower or
      it may pop 30% on monday, who knows.

      Personally I'd go ALL IN here,
      and Thank God for giving me the opportunity to do so,
      but then again I'm not greedy.


      Better to BUY here and be safe
      then to be greedy here and be sorry.

    • sony,
      Are you trading PEIX?
      Here's the chart. Symmetrical triangle. Either way. But a finish under 1.05 makes .95 likely. Under .95 and .86 likely. Under .86 and mid .60s is likely.
      Should it break to the upside, there are targets also, but the downside targets are where you buy. The upside targets are the less stressful profit points. I don't see DaaDaa's post, but don't listen to a pumper, look at the chart instead. BTW, I don't pump or bash anything. All this stuff is just mathematics for me. Good luck however you trade.

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