Ann: 09.10.16 CTP to Commence Proceedings Red Sky, page-42

re: Ann: 09.10.16 CTP to Commence Proceedings... Glad i sold out at 20.5c and ctpo at 11c and ctpoa at 5c Looking back it was a good time for those in the know to get out then on that classic pump and dump. I just couldnt resist not taking $25k off the table. Winds can do terrible things to paper!! How the sp reacted ie back to 19.5c in 23 mins?? I hope ctp great days ahead and be a top 200 one day.But thats just wish fullfilment stuff. Resource potential hasnt changed. Time is time and money is money. With ctp at present if you equate time is money then you will be out of pocket. Averaging down is for fools, for mugs. The trend is your friend. J livermore who made 100m in the great depression always said to average up and limit your loss to 10%. What i hear you gasp. That's impossibe. Of course this goes against human nature. But if you trade according to human nature then YOU WILL LOOSE.Take out some of his books He shows you how he did it.
Will the sp drop quicker than a rat going thru a rusty drainpipe? Will BG bend over and say to ctp 'hit me harder with that wet limp lettuce leaf?"
Do we have the right to ask serious questions about ctp mgmnt? Only because what is happening now. Not for anyhting else except what has been allowed to happen and place great instability in the mind of the market.I felt we had only just begun to earn the respect of the market. Now it could get so easily trashed. The best mgmnt of top 200 companies handle things differently.Otherwise they wouldnt be top 200!
Will BG decide to teach 2 minnows a thing or two? Or will david come slay the dreaded goliath. Remembering now we need 2 davids on steroids and the new goliath saw what happened to the first, so he make sure there's no creek bed close by. If i was BG I would be sitting back knowing what I had just done to LNC in QLD. Knowing I have it networked at high gov levels Knowing that ctp and rog cant hold a poker face in a game i've played many times and won But to get to this situation. Tragic.
Take heart we will rise to fight another day ie but who originally drafted the pxa agreement etc to allow all these get out of jail clauses?? Fair book value is around 8.2c Once you take into account more dilution due to the latest free opps and now convertable bonds by DBZ into shares issued I'd say closer to 7.7c remember its low (last 5 mths 7.4c) And now JH will be getting more tranches of them bonds because he could be hamstrung and of course that will dilute more and more But read JL on averaging up I mean he started with $5 on a margin account and by 50 had wall street on her knees begging "please go away" anyway just my2cworth getting on my bigmal for a surf CT