ADO 0.00% 2.0¢ anteotech ltd

seller queue increasing, page-28

  1. 6,546 Posts.
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    I think it has been clearly established that the longer term holders in here are not looking to crack a profit at 15 or even 20 cents.

    So the absence of any news, whether ADO trades at 15 cents today, 10 or even 5 cents tomorrow, I would not care other than perhaps to consider topping up at particular price points. All I care about is more partnerships and agreements. Rather than worrying about buy/sell side stacks which can be easily manipulating by even tiny shareholders like myself, I prefer to look out for the risks that matter, such as project issues and delays or a partner abandoning a project because it was not working out.

    To date, things are reported to be going better than expected so I'll just sit back and laugh at those that worry about the number of supposed buyers and sellers.

    I find it hilarious that people occupy themselves with these concerns. Do you ever stop to think that even a tiny shareholder like myself can make a huge impact on those numbers in a small cap stock? I wonder if a few here are manipulating the buy/sell side numbers just to have a laugh and see people jump at shadows.

    This is a small cap biostock and massive volatility comes with the territory. If you spend all your time worrying about that, then you are probably in the wrong sector (should you even be in the market at all?)

    There was a HUGE chance to buy this when it was further derisked at the head of terms was announced. It was trading in the 7cent range for a short while - luckily, I had a chance to substantially increase my position then, so I am absolutely laughing!

    I don't blame those that have had to reduce their holdings to manage portfolio limits though, but I certainly did not buy into this to sell out at even 20 cents.
 
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