daytrading june 19 afternoon, page-47

Hi FT86 & strauss

re MDS

one of the easiest half year holds if you have that much patience

potential action time (drilling) 4th qtr not taking into account of potential delays

billions of shortfall stocks on market (pattos can sell at 0.1c & still pocket 6% fees or whatever) makes now not the best time to enter imo, for a trader that is

but for a short term to medium term hold, id play it this way

buy small parcel now & immediately place sell at 0.2c

then pray to gods one big wipe at 0.1c when good market returns (triggered by some geophysical activity + heritage clearance + approval news), and still leaving 10s of millions bids sitting on 0.1c

then nibbles on 0.2c starting

then pray to godess your sell order at 0.2c will get cross traded before those hundreds of millions ahead of you.

if luck shines on you then place another small buy at 0.1c

keep repeating the process till 1 or 2 months before drilling

then you get to decide whether to load up big at 0.1c

then wait

then wait longer if delays in getting approval

then ramp when youv loaded up

LOL