SBR 0.00% 1.4¢ sabre resources limited

Buy options then convert and make 20%, page-60

  1. 5,493 Posts.
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    Hi anistar, thanks for that, yesterday was one of those days, one wants to forget. LOL.

    I always go for options over shares, sometimes I generally start with a mix as early in a move the heads move better than options, I did with sbr, selling heads close to 2c and some oppies and bought back oppies yesterday.

    My gut said don't top up. Should be OK.

    worried about a market crash the next few weeks, so I've gone short on the xjo and long on gold and nickel in the warrants.

    Asx and Dow charts I don't like.

    At least with sbr it's a safe bet for everyone at 1.2c because it did not overshoot the mark yesterday, I was worried hype would drive it over 2c,.

    We still have drilling to be announced, so it will I'd, sit here till then, and ease up when it starts towards 2c, if good clear off from there to 3c plus.
 
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