Originally posted by resourced
precisely what I was attempting to say, but far less elegantly, and with some rather failed attempts at ironic humour
Requested all of my posts to be deleted
I can't believe that the Options Price isn't an important factor to you, pre-readout, when everything is relying on the readout
Anyway, soon enough the posts will be deleted and i will do what i do best, just sit back and watch. Wasn't intially talking about the directors dumping, more of a target price, to sell just under options and secure profits / risk management. But then the What if's came in, which everyone doesn't believe will happen until they do and all of my hypothetical thoughts, about trying to get you to take a look at the bigger picture, and not to blindy trust people, to look at what the directors are actually driving for and what will help them make money, came out and i guess got taken out of context. (people are heavily invested, i get the mentality that you don't want to think of the bad, but this happens every day)
Anyway, criticise me for the reasons behind it, but at the end of the day, if this reaches 10c im in good profit, with no risk and plenty to make it juicy. Because if the readout is good im not worried about the shares i sold at 10c and if it's bad at say 15c, the day before readout i will have already secured what many will fail to get, because no one will touch this and everyone will be panicing to get what they can back, especially those who have been in this for a long time.
everyone always talks in hindsight, i make the right decisions today so that i dont have to ask about it tomorrow, say what you want, but i'm only trying to spread a bit of caution. Greed is the downfall of mankind, as a whole.
Out of interest, what did you base your exit strategy on? Because I bought in the high 3s, with nothing more than a 10c target based pretty much on options, because there wasn't much else to go on how far the SP would go, This is my final reply, so you won't have to put up with anymore of my dribble, and you can continue to go about your day. All i see on this thing are dreamers, who hate a dose of reality
GLTAH -
(20min delay)