ATI 0.00% 17.5¢ atlantic limited

getting ready to rock, page-13

  1. 12,455 Posts.
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    No worries guys

    Timbo, in the end its all semantics ... I bought ATIO on the 19/08/09 @ $0.009, and kept buying through to the 26/08/09 at $0.014. Now here we are 2 months later, and the main thing is I am STILL holding those same shares, and will continue to hold until I get a severe sell signal - which certainly hasnt happened yet, and doesnt look like it will. I want to be exposed to what MM will do with the project.

    I put some trading cash into it on the 28/09/09 @ $0.024 and @ $0.025 ... and this was to catch any big move. At that point the amount of ATIO's I had was obscenely high. Regardless of how bullish I might be, I was always going unload the traders. Tell me mate, am I suddenly to change my sentiment to sell? Come on!

    For example, you probably know that I am a holder of BMN shares, and have done for some time. I am very bullish on BMN and believe they have a great future. I have a large holding which have now gone over the 12 month CGT relief period, and which I wont be selling. However, at one point during it's re-rating I actually put every cent I had into them - 100%!! Now that was never going to last, and eventually I sold off all my non-core holdings. Even though I sold my traders, I still hold BMN, I still think it is an awesome long-term buy at these prices, and I still happily recommended it as such to friends. Yet according to you I should change my sentiment!!

    So mate, you might sit there and call into question my integrity ... well go right ahead. I know that many Hotcopper posters similarly both trade & hold single stocks concurrently as I do. I am open about it. I have explained this before. And I have defended my actions to others before ... and will probably have to do so again.

    Thats life!

    ;)
 
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