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PEN - Peninsula Energy

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his name is wong fatt -phone no -o4 -9888888 ,do give him a call.
 
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madjohn said:
his name is wong fatt -phone no -o4 -9888888 ,do give him a call.
Click to expand...

Tried on several occasions and as soon as Ive dailed I get "Call Ended".
I have just rang my phone provider Vodafone to got to the bottom of this, they dailed the number for myself and have told me the number does not exist.

Conclusion-One of the PEN crazies rang Wong Fatt, found his location, kicked is his door and shot the place up:badass:, simply because the lost soul felt an inner need to lay blame on someone for a downtrending share price:twak:

RIP Wong Fatt
 

Confucius say

A Fatt is never Wong.

Seriously though, is PEN still being manipulated, and what are brokers saying about it's prospects?

gg
 
Garpal Gumnut said:
Seriously though, is PEN still being manipulated, and what are brokers saying about it's prospects?
Click to expand...

I personally have never taken notice of broker reports:nono:

As for being manipulated, sounds much the same to me as the past nonsense "Oh no, PEN is in a downtrend because of Fukushima" or "Oh no, PEN is downtrending because management have missed targets"
I feel it is just another excuse/conspiracy theory as to why a SP maybe downtrending to reassure oneself that someone/something is to blame.
Since early 2011 resource stocks topped and have been downtrending. Seems hard commodities have had a thump this past week. Resource stocks losing value and PEN dropped from low 3 cents to high 2 cents. Im sure Wong Fatt never rang everyone else and told them to manipulate Gold, Oil, Copper etc and resource stocks downward. I think it is just another crazy theory:screwy:. I do note a Bot at times, whether this is being used to attempt to manipulate or not, I feel its best to consult the charts than look for blame.

My projection for a sub 2 cent low is still on track. Just 2/3 months to go. PEN only need lose another cent. I expect resource stocks in general to bottom around this period and new long term uptrends to begin.

Have a good weekend GG:bekloppt:
 
dengo said:
Bear flag measured move target = 2.3c
Volume?

View attachment 51653
Click to expand...

Nice chart dengo.

If your first blue vertical line was drawn higher than 5 cents upto 5.5 cents to work your measured move, I believe we should therefore have the falling vertical line drop additional .5 cent to 1.8 cents.

Question: Why does the first blue vertical line not run to the high of 5.5 cent?
 

Thanks Karlos,
Squint your eyes, if you believe the run from 5.5 to 3.4c looks like a flagpole then go with it, you may be right.
Charting is a lot easier than some portray...
 
dengo said:
if you believe the run from 5.5 to 3.4c looks like a flagpole then go with it, you may be right.
Click to expand...
I queried yourself as you may have had a strong reason to work from 5 cents.

I thought I had read about a year earlier the move is measured from high to low (being 5.5 to 3.4).
I have just done some light Google research and my findings are as I believe to be 5.5 to 3.4 cent, which projects a move to 1.8 cents.
This bodes well with my previous analysis from last year that we shall see sub 2 cents
 
karlos -wong fatt told me -we won`t be hearing from you for awhile-looks like your chart is upside down.!!
 
madjohn said:
karlos -wong fatt told me -we won`t be hearing from you for awhile-looks like your chart is upside down.!!
Click to expand...
Wrong Fatt was wong madjohn. Stop the tears and place your box of tissues down. Im still here.


Turn your computer screen around and check out this chart

BOOM:bananasmi.........Sub 2 cents now in our sights
 
Karlos, that is one sick looking chart for the longs.

Let us hope the board and executives get their entitlements should it go belly up.

They seem to have done a mighty job in trying to keep the share price up. but alas it keeps on falling.

gg
 
madjohn said:
karlos you got to be thick -if you do not know what is happening with the price movements.
Click to expand...

Hi MadJohn,

I'm fairly new to this forum, though can you expand on the above? I'm a believe in PEN long term though after watching PEN dropping continuously to where it is now I decided to sell out at 2.8. With the price of uranium tracking down I believe it will continue to follow.... is this your take?

cheers

Wayne
 
if you believe in PEN I believe now is a good time to buy but you must have a long term view at 1/2 years.none of the top 20 are selling out esp the chairman( guys) who has about 91 million shares,if you can buy it below 2 even better but who knows,I am sure the mgnt are aware that the share price are falling everyday with all the "good news" we have lately?? also prepare to loose what you can afford and the reward could be huge at these price.

good luck and you got to sail your own ship but you must know where the breeze are coming.
 

I LOOK AT THE SELLERS DEPTH AND i SEE ONE SMART COOKIE SELLING IT DOWN but you can`t buy as many shares cos the sellers are pretty thin,why I wonder??to me there is no panic selling but a manufactured one happening for a while now-I hope mgnt has a rabbit up their sleeves to kill this seller.
 
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