KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-10606

  1. 1,600 Posts.
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    Everything in the market is subjective. If you bought DW8 at 0.1c you might be kicking yourself for not selling at 20c or 10c but you'll still be happy to let the whole lot go at 5c and move on.

    the chart shows that before it went to the moon there was a lot of shares swapping hands in the 4.5c to 6c range so a lot of buyers who might now be looking at a very marginal profit will be exiting.

    if the SP doesn't bounce off a double bottom at 5.4/5.5c it will be back to the mid 4's. Some will argue the company is bigger and stronger than it was last time it was in the 4c range but sentiment will be very different. Risk will appear higher with having to integrate these acquisitions, SOI is much greater, and POTENTIAL might be waning. The SP went to the moon and back. It's better when it doesn't come back.
    Last edited by dolphinwrestler: 27/10/21
 
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