SAS 0.00% 1.6¢ sky and space company ltd

leader in innovation, page-25

  1. 471 Posts.
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    my reasoning is this , the smart people who committed to the CR at 12 cents now see their investment dwindling in front of their eyes ,,
    and will bail out when it gets to 12 cents get their money back , as there is no money to be made here in the next 12 months at least ,

    remember the last CR at 19 cents ? the price quickly went to 22/23 cents the smart people bailed out , and its been downhill ever since ,

    what price the next CR ?
    all these fantasy contracts are ok , but to convert them to dollars you must produce the goods and thats at least 12 months away ,
    this is a nice fairytale at present but for it to become reality its a fair way down the track ,

    im in for the long term but not with what i cant afford to loose i bought between 8 and 18 cents ,( took some out at 26 cents )
    im in melb and ill be happy to attend the 50 cent party , but i think ill be two years older when im there , all this is just an opinion , im more than happy to be wrong , with my predictions ,
    ps , hunter i like your posts and the enthusiasm you show , catch you at the party
 
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