SAS 0.00% 1.6¢ sky and space company ltd

4 cents sas ?, page-18

  1. 2,223 Posts.
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    Look at it this way Hunterr
    I might be lucky enough to buy back in at say 3 cents where I'll get 700,000 shares which have to increase to 12 cents a share to "break even" - but I may only buy a smaller portion at this price, preferring to wait for more positive news
    Then again if I wait until shares hit say 30 cents I can buy 70,000 shares with my $22,000 and they have to increase to $1.14 per share to "break even"
    Now if the shares ever get to 30 cents you can IMO bet your last dollar that they'll get to $1.50
    My actions in getting out now were to save myself from a complete disaster where I have at least $22,000 to plough back when I think the timing is right. I still think SAS has a 50% or better chance of taking off but I had to take the above actions "just in case"
    Hopefully you'll still invite me to your 50 cent party
 
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