$1 billion market cap - no profit in sight..., page-42

Oil...so in your opinion

"I doubt that we will have any clear decision on the 8th except a “passing of the buck” and SMSL will be laughing all the way as the SP plummets again and our finances take another big hit."

If this is correct and you are right we could head back to 0.56 but if it goes the other way we could open up 30% to 40% higher, so what is the best strategy to use here?

Sell 50% now and 0.71 and hold the rest......

Differeent outcomes:-

Lynas receives a YES on Nov. 8 SP opens at $1.05
Sellyour holding of %50 at $1.05, then wait until the SP drops back below $0.80 and buy the %100 back

Lynas receives a NO on Nov. 8 SP opens at $0.55
Buy the %50 you sold at 0.71 back at $0.55 on the open.

Anyone have any other strategies leading up to Nov. 8?

Cheers
R