Forum Archive Index - November 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

VAL,

 

Oavde has already answered this. He is considered to be the more prominent leader of the PTD site. Bought his shares @ 40 cents, I think. Excellent TA man and trader!

 

And he helps the juniors and advises throughout the day.

 

He has been on that site for quite some time; I started there in August, I believe.

 

He is also a good entertainer at times! One needs to remember that the type of trading some of them do, is big and it can be neurotic! Traders live for today!

 

I compose a summary of the status of PTD and tend to plant it once a week on that site. A valuation follows. Other posters made valuations or estimates.

 

I did two valuations, the latest one suggests, that based on a 75 % probability, the PTD price before any Patent announcement ought to be $4.50-$4.90 (it reached $4.48 at one stage today) to correspond with an after announcement price of $5.50 - $6+.

 

Unfortunately, it is on the closed down site and I don't have it here. The PTD site has influence and the core posters know what to say.

I use it to PTD's advantage when I can; obviously, facts do matter. 

 

Coming back to your question; you said that you read about Trading Halts. Then, you must have read my comments; suggest, you try to look for these Trading Halt posts; I think, we did them this week.

 

That is one reason why I wanted the number of the main Patent. You see, when it is 5pm in Washington ( where the Patent office is), then it is 9 am in Sydney.

 

 Patent Announcements tend to be published  before 5 pm. US East. time.

 

It is quite possible that you will know on a Saturday that a Patent was granted on the previous US Friday. The ASX is then closed.

 

Can a Trading Halt be an advantage? Yes. On the other hand if the news is not that good then some companies will quietly communicate that news after 7 pm to the ASX.

 

Suggest you keep following the more relevant posts of PTD!

 

Gerry