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aramalap2

One does not sell now. I would not. One could top up now.

For instance, if someone has bought 100K units at 40 cents and is eligible to apply for up to $20K @ 15 cents, over next few days one would top up, and would top up BIG.

100K @ 40c
100K @ 21c
If it dips below 20c top up again with another 100K (18)
Finally, one could also apply for 130K @ 15 cents or even send extra $20K for an additional 130K units at 15 cents.

In total one would hold 560K units at under 20 cents. Sell half at 25-30c when the market settles down and keep the rest.

If someone is to play this scenario (playing with just over $100K) a potential profit could be significant.

If one was to sell today the above mentioned 100K units (bought at 40 cents) one would lose $20K. Go in at 15 cents, one would need to wait until ELD gets back to 35 cents to recover losses.

That is 20 cents rise against 5 -10 cents. That's why I would not sell.