Remember the usual - do a placement, give it a week or two, then let the panicking disappear then release a great announcement or let the dust settle and it starts to track up again with the SPP blanket removed
How many times do we see that?
A mate of mine does very well, he trades SPP ranges all the time. He waits for SPP's and then buys on the lull, walks away and comes back and sells a few weeks later or retains a freecarry with the profit %
I am annoyed as I always enter a stock with 3 parcels.
I took one at 14c yesterday as per my post and sat the other two at 13.5c
If the stock comes back I take one, then move the other down, so I minimise my loss potential and average out. then any moves up put me in the black faster than usual.
Silly me slept in today and missed the open, and chance to move these up to buy on open at 14c
:(
Rambling now anyway.
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