Fair enough Trade4Profit.
Not seeking to give motherly advice other than to state that days like today are rarely repeated on the same stock. You must admit 240% is an incredible increase for such an announcement and the recent volume compared to todays is a warning.
My mate has impeccable qualifications and more than qualified to give advice. As i said previously, he did not say it was bad, just not a justification for the price rise.
IMO, this stock is looking to do a placement on shorthand results and buyers will get burnt if they dont read the financials.
Yes, stocks dont get money out of thin air, but it is no need to jump in on the latest shooting star that is short of cash. Price may go to 60c or 20c tomorrow, who knows.
But who would you rather be ?
Thankyou for replying and stating that you have no qualifications in this field and would hope that the other poster could clarify his.
FWIW, i enjoyed reading your post.
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