Lots of yawning lately, @GCar. If you're tired, just take a nap.
Anyway, I would guess that most retail shareholders wouldn't even know how to open a short position, so it's a bit of a silly question. Additionally, the maximum possible return from a short position here (or anywhere) is finite at 100%, while a long position in an alternative investment with excellent prospects could theoretically result in infinite returns. That’s a pretty obvious reason why individual bears wouldn't open a short position despite having a conviction that this company is destined to fail; they can simply do better elsewhere.
But let me ask you the opposing question: if you truly believe that the reward here far outweighs the risk, and there are genuinely no red flags, and the phenomenal projected CAGR will make everyone rich, why haven't you dumped all your other stocks (e.g., LTM, GLN, etc.) to go all in here and maximise your returns? You could also sell the Lambo, invest the capital in AGY, quintuple your money, and buy 2-3 new Lambos after paying the tax. I mean, it's so de-risked, so it's basically a sure bet, right? Or do you just not have the conviction to put your money where your mouth is?
P.S. - Regarding that potential 40% trade last week, that's a bit too risky for my liking, @GCar. I won't trade anything that I'm not comfortable holding long-term, and I'm absolutely not comfortable holding AGY right now or anytime in the foreseeable future. Let's not forget that once again you gave your "what does the risk/reward look like now" speech, this time at 4.8c, and it's already sunk 20% since you were on your soapbox.
- Forums
- ASX - By Stock
- AGY
- Ann: Quarterly Activities Report - June 2024
Ann: Quarterly Activities Report - June 2024, page-150
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
|
|||||
Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $58.23M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.0¢ | $44.44K | 1.085M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 1432055 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 16860 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 1431305 | 0.040 |
12 | 3313761 | 0.039 |
15 | 806270 | 0.038 |
10 | 916018 | 0.037 |
5 | 477360 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 16860 | 1 |
0.042 | 127034 | 1 |
0.043 | 120000 | 1 |
0.044 | 357711 | 2 |
0.045 | 108139 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |