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04/07/17
23:21
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Originally posted by Waldo777
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Well you are sitting on a losing trade. No question!
I wouldn't call 200 million plus shares currently sitting at an 80% profit from a sophisticated investor that subsequently pulled out of further capital raisings a 'small raise'.
Look at my first post (since last year) on GMC a few days back. I am not a troll downramping. I do think there will be a nice pump at some point. For your sake I hope there's a great announcement tomorrow morning.
However, in the absence of news, given the 200+ million shares at 0.005 are likely being sold, don't be surprised if the share price just keeps on going down!
I'll 'trade the trade' when I see a good opportunity thanks mate. I haven't seen a low-risk entry yet. All I've seen to date since relisting is pros selling with props, traders such as yourself sitting on losses and speculators who were caught in the suspension who should have sold on reinstatement to trading averaging down! All in all a recipe for a falling share price.
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ive only just recently got a small option holding so currently even on those , but waiting for the bounce on the heads which will come tomorrow or soon after. Will get some when it moves.
A 1 mill raise is small compared to. $3.5 mill raise. That's what I was saying.
Anyway, good luck with your ambitious buy in target. All the best.