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Re: Traderfan post# 12332

Thursday, 11/01/2012 3:49:30 PM

Thursday, November 01, 2012 3:49:30 PM

Post# of 17739
Yes PEC was halted because the price dropped so swiftly. Could have been leaked bad news or just someone dumping that caused some stops to be taken out. Cascade effect. IRROC asking company if they have reason for the share price drop.

We'll find out tomorrow what the story is. More than likely bad news leaked but I know a lot of people were taking some off the table today, myself included. I still have the majority of my shares so hoping for just weak hands starting a stampede. Not likely though.

Two more kicks at the cat in 2013. Also Phase 2 approval pending. Still some value here even with a successful well this time around.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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