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I guess though this type of advice may not fit well with this market right now. Perhaps we could profit by looking at Peter's samplers and filing them away for the future:
Since last edition we have noticed continued buying of GRD Ltd by its Board members.
Buying at around $1 per share may just value the GRD Minproc business, but leaves the
huge, garbage processing business, Global Renewables, with zero value. GRD has
instigated a process to unlock this value, which may involve a spin-out or trade sale.
This was in the April 2nd edition where GRD opened at $1.06 and closed at $1.025 the day before (ominously 1st April). Last friday it closed at 65c. Buying at the low of $1.005 on the 3rd would mean a potential loss of 35%.
No blame is attached here. Peter doesn't say buy GRD. We make that decision. What he does is to make us aware of a position. When the market turns, all things being equal, what a position!!
I have never subscribed to Peter's service though I have reviewed same. Also please note, I have made no study of GRD's present state outside of its current price.
regards
rhen

<blockquote data-quote="rhen" data-source="post: 308317" data-attributes="member: 2914">I guess though this type of advice may not fit well with this market right now. Perhaps we could profit by looking at Peter&#039;s samplers and filing them away for the future:Since last edition we have noticed continued buying of GRD Ltd by its Board members.Buying at around $1 per share may just value the GRD Minproc business, but leaves thehuge, garbage processing business, Global Renewables, with zero value. GRD hasinstigated a process to unlock this value, which may involve a spin-out or trade sale.This was in the April 2nd edition where GRD opened at $1.06 and closed at $1.025 the day before (ominously 1st April). Last friday it closed at 65c. Buying at the low of $1.005 on the 3rd would mean a potential loss of 35%.No blame is attached here. Peter doesn&#039;t say buy GRD. We make that decision. What he does is to make us aware of a position. When the market turns, all things being equal, what a position!!I have never subscribed to Peter&#039;s service though I have reviewed same. Also please note, I have made no study of GRD&#039;s present state outside of its current price.regardsrhen</blockquote>

[QUOTE="rhen, post: 308317, member: 2914"] I [B]guess[/B] though this type of advice may not fit well with this market right [B]now[/B]. Perhaps we could profit by looking at Peter's samplers and filing them away for the future: [I]Since last edition we have noticed continued buying of GRD Ltd by its Board members. Buying at around $1 per share may just value the GRD Minproc business, but leaves the huge, garbage processing business, Global Renewables, with zero value. GRD has instigated a process to unlock this value, which may involve a spin-out or trade sale.[/I] This was in the April 2nd edition where GRD opened at $1.06 and closed at $1.025 the day before (ominously 1st April). Last friday it closed at 65c. Buying at the low of $1.005 on the 3rd would mean a potential loss of 35%. No blame is attached here. Peter doesn't say buy GRD. [B]We make that decision. What he does is to make us aware of a position.[/B] When the market turns, all things being equal, what a position!! [I]I have never subscribed to Peter's service though I have reviewed same. Also please note, I have made no study of GRD's present state outside of its current price.[/I] regards rhen [/QUOTE]

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