Great...then we shouldn't have too many issues waiting for an update at end of July when next quarterly due. Likely will hear nore from the Co before that but actual unit numbers?...never say never...but not at this point...less than 6 months distribution! Fledgeling numbers...financials and Co anns and potential growth...hard gig to assess ST...needs a little vision...position accordingly depending on personal rsk profile. What cracks me is when I see experienced posters generslising about small cap risk. Really it's a risk? Try buying Large Caps when they're travelling south...hmmm...let me think Banks? Mminers? O&G losing 50% or more...sure slower...but that's why we trade small caps...volatility...higher risk higher reward...rest is research and strategy.
Not that I don't trade/unvest in Blue chips and mid caps...I do...but pick your entries. Simple overall...buy cheap sell expensive...and right now IMO..we're cheap as chips. That's why we're getting spammed...pip chasing because we have a capper pulling back the SP and lomg positiins have been exhausted due to recent CR. This will change organically. With our small market cap all you need is a few big buyers to change the whole situation in the depth. I mean a few mill shares can pop this high 6s to 8s. Type of stock that if market gets excited...boom...possible bagger in a week.
Can set up a position anytime...but given specific circumstances of SO right now...can't see new entrants or existing holders getting a much better deal SP wise...no CRs, product quality and distribution mechanisms, market size, market maturity, consumer price attraction, fastest moving market sector-tech...etc etc etc.
I'll be buying as many as I can without breaking my own rules...but let me tell you Waldo's all in one strategy get's tempting on this one and I can clearly see why...bloody tempting!
I've warned againstt this strategy on another favourite small cap stock of mine...which I'm on the verge of freeholding and which I have a very large holding in (large for me that is)...Tues should do the trick (yeah Ex...know I'll prob regret sell there... but Countach remains on the books! This one here might get me the Highlands though...gonna need a helipad too for the yacht but!
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