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2,855 Posts.
537
24/01/17
12:56
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Marri,
That's a big trade, certainly a hell of a lot more than I would ever pay up for one Company. I hope you're well diversified.
Weren't you in RMS about a week or so ago and closed out your position prematurely?
What are you going to do if POG drops to $1210US? Have you a rough idea of fair value for the Company?
Smells of a Hail Mary/Obladiblada/Desperation/Catch Up type play.
I think you're operating at extremes - either too timid or too aggressive. It's the mug punter's mind set.
Not smart but I wish you and all Goldie's the best of luck. I hope this time next week RMS is up around 75c, try to last.
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