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colaiscute

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In reply to: gungho on Monday 17/07/06 11:43am

Drop the kid of at day care & come home to this.

 

What a gut wrench. http://www.sharescene.com/html/emoticons/wacko.gif

 

Looks like I am now a long term holder (or is that investor). The only saving grace is that it is tightly held & this amount of volume in of little significance??

 

Be interesting to see if the large holders top up at these levels - if they sell....well it will be grim.

 

A chart for those interested .

 

Jay - congrats on your charting & accuracy (at my expense). Jay can you also confirm what you see as support now that the 52cent level is well & truely gone. I had to go back to Mid03 with a support around the 27-28cent. What was your re - entry point again?.

 

Might have to bite the bullet & buy more to dollar cost down - Do others see this as a good strategy? Or have we lost confidence in the company & think it may not recover?

 

Views appreciated.

 

 

 

 

 

 

 

 

 

post-16-1153103020.gif

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In reply to: Stormtrooper on Monday 17/07/06 11:53am

I am considering averaging down as well.

 

Clinical trials are still progressing, with good results to date. It is stressful to see the SP so low, however I will continue to hold as the biosilicon trials continue and the products get closer to the marketplace.

 

Good luck everyone

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QUOTE (Stormtrooper @ Monday 17/07/06 01:23pm)

Have a feeling that this might be the nail, or at least one of the few nails left in the coffin.

 

I don't know why anyone would want to buy more in light of what seems to me an alarming rise in incompetence in certain areas.

 

The hits just keep on coming, and if GR does issue some pr it had better be something of substance and not a lame duck excuse like I get every time I email the company. http://www.sharescene.com/html/emoticons/thumbdown.gif

 

Makes me wonder how long the old adage rings true,"there is a buyer for every seller"

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Does this deal give PSD the capital it needs to fund it's trials or does this merely enable GR the flexibility to go out and raise some more and further dilute the price?

 

If someone could explain in plain english for me I'd appreciate it!

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I have been very citical of PSD for quite a while . . . as a former holder l am disgusted by GR's behaviour.

 

The only thing l do not get is, why are the T20 still accumulating? Perhaps they are no smarter than those on this thread and they to are practising SP-averaging http://www.sharescene.com/html/emoticons/icon14.gif

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In reply to: King Baz on Monday 17/07/06 01:11pm

That's a bit unkind Baz ... the Top 10 hold 76%+ of shares in PSD ... I'd say that it is small time punters who are continuing to bail, by this time green with fear ... ignoring what the company assets are and selling. I always thought you were supposed to sell on the highs. However, I can understand that people have been totally gobsmacked and blind sided by the SP performance ... me included. Can't get much worse. http://www.sharescene.com/html/emoticons/wacko.gif

R/Di

 

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In reply to: King Baz on Monday 17/07/06 02:11pm

QUOTE
The only thing l do not get is, why are the T20 still accumulating? Perhaps they are no smarter than those on this thread and they to are practising SP-averaging

 

Maybe ignorance really is bliss http://www.sharescene.com/html/emoticons/tongue.gif

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