New High, page-189

I am a bit confused about stop loss at this juncture. Why? I would have thought you are either holding to result or not, irrespective of SP.
I hope these weak hands do not rain on my profit/greed parade if positive results come through. I think I mentioned this before, but someone will grab your extra profit from you if you show weakness after result. I would not be surprised if a big player has purchased a few 100Ks shares just to position if a positive result. Then after release they sell some at say 29c, then again may be 28 or 30. Those showing weakness will start loading sell bids in early 30s and kaboom the shark/s grab them all, the lot and double up a couple of weeks after LCT got its message out more widely.

Of course, if you were in gain you will be happy but why give away free money. As NZ Trader mentioned, LCT may use word such as adequate, satisfactory etc, and these big dogs would have already done their research and if a week after announcement things does not take off as quickly, well today get be used as reference. Remember LCT may need some time to set things up and communicate this result in a certain way depending on its strategies.

Remember if positive result, we dictate the SP to a certain extent and I hope not many get fooled into selling by some cunning trader with deep pocket.

Anyway, what would be the rationale of having stop loss this week? Even if SP was 40c now it will still crash if negative result, similarly even if it goes to 15c, IMO it will still go towards the 50c almost immediately.

Of course, you do not have to trust MO as I was very confident we would TH at 30c+.

I do wish LCT will just trigger the TH now though. Even if it does not matter, I prefer to see green than red on my commsec app.