is ado a buy ??, page-58

I was surprised to see ADO go as low as 5.2c today. The market does not seem to be expecting much from the next 4c.

Despite others in here ribbing me about reducing my holdings some months ago (I think it was onshow who even laughed at me and said "I'll take out 6.7c for you" as the SP rose at the time), I'm glad I followed my own analysis and reduced my holdings months ago. I might increase my holdings again if there's some evidence of a substantial increase in revenue that would suggest ADO can buy enough time to avoid a cap raising. The prices seem to suggest that not too many others will buy without more evidence of progress either, as buying and "hoping" they won't get diluted through a cap raising is not a strategy.

For those who have been wondering why I still hold some stock when I've got a "ST Sell" sentiment, I've hedged my bets a little by keeping a handful of shares just in case there's a discounted cap raising with a retail component.