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Mate a decent strategy only if the price you bought in at was...

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stockcity

1,196 Posts.

30/09/14

19:04

Post #: 14052138
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Originally posted by Merleredneck ↑

Cheer up matt.

Been posted on other threads, but you wont have to wait 12m to get real value.
The 3.2c that came in a flash and got mauled by option conversions, as well as risk on accumulators at 1.5c is just the mechanics of the market.
That will pass, and who will price this? buyers or sellers?

Infact the options converters are buyers of a different kind.

At least you know that buyers are out in force, as they recognize value.

Next time, consider sell half when you are 100% up as an idea. Then you are free carried, and you can either keep the profit, or use it to trade with.

cheers.

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Mate a decent strategy only if the price you bought in at was above 3c will it work though

AVQ Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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