BIG 0.00% $2.22 big un limited

share price assumptions, page-7

  1. 2,498 Posts.
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    Mate,

    Your carculation sounds realistic.........what I think is a bit different.....it all depends on how day traders react to the news.
    They can go overboard like always and if that happens logic and commonsense will not function and history can repeat itself....like mt carbine speculation in the old days....where they pushed sp to 26c.....this time the story and fundamental is different and RAU is in a much better shape.
    Emotion and greed can push sp to well over 6c or 7 cents
    to me it is not that important as we can imagine whatever we want to believe.
    What important is how I am going to make money out of this the best possible way and the most and the carculation is simple as I like always to make my trading as simple as possible.
    At 1.4 or 1.3 the downside can happen in the worst scenario
    is 1.4c so for 1 millions share the downside is 14grand
    and that is highly unlikely for sp to go to ZERO so the worst can happen is losing 0.004 and that is bugger all.
    The upside can be anything, we can't possibly know logic and commonsense will not and can not function so SENTIMENT will drive this move and possibly up not down.
    I don't understand why people are selling now....unless one is so desperate for money...the probability of sp going up from this level is much higher than 50%.
    To put in 14 grand and having possibility of losing 4 grand is a risk I am happy to take and possibility of making 100%
    profit or 14grand or more is worth the risk.
    People are selling now because they need the moeny or simply they got sick of waiting or they just don't have faith in BFS or nerve to hold.
    My commonsense tells me to get more and for sp to double to 2.6 cents at least is very possible and that is still 100% profit.....don't get confused the dollar and the %....as making 100% profit in any business in a few weeks is very hard.
    What one lost on RAU in the past has nothing to do with sp today and possibility of sp going up 100%....as every trade is new and nothing to do with the past one....and it comes with new possibility and nothing to do whatsoever with the past.
    RAU has the biggest possibility of going up with better odds now than ever in their history.
    Have some courage and take risk folks!! the game is just starting.......

    Cheers,
 
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