AU$1.25 on no news?, page-35

I was in that situation too. So once it initially recovered from the most recent placement I decided to take significant profits just below $1, and can only despair that it’s taken another leg upwards in the days following. Yet my logic was sound, given management sold their own shares, it is a very competitive industry and there is now a lot of hype around. That said, sometimes it is better to travel than arrive. They still need to get the orders to justify the mkt cap. But I accept I let my trading instinct overwhelm my original target of letting it run regardless.

Not helping is my other big trading holding, likewise on big profits, I held on to and have watched it retrace over the same period!

Just when I thought I’d mastered the market…..