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06/11/14
16:20
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Originally posted by Awoonga
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Thanks kingkev,
Don't sell your barra lures just yet. I can some big ripples on the surface of the dam. Maybe they're barra in the making.
As a general note, currently I have two buys each for 500,000, one for 7.8c and the other for 7.5c. I also I have a sell for 1 million at 11.5c.
Why do some "knock" the company they have shares in. It's petty to say that these people are down ramping for self interest when they already own shares in the company. Even long term investors look for a chance to accumulate when the time is right. While we look forward to a long tem reward I can't see a problem calling a "spade a spade" hopefully in the short term.
It's ironic that we praise holders for buying more as the price goes down, but we condemn anyone who predicts that the price may go down.
I'm sure those who have been averaging down from 11.5c would have preferred to buy at the current levels.
The reason for my current trades? I'm banking on the finance before the 27th of November.
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A couple of spelling mistakes in the last post, sorry, I must be drunk already which is not that unusual.
Anyway, if the above plan comes off I make $30,000 in the sort term which I really like the sound of.
I still have the 1 million original shares so this one of my "side bets".