OXR oxiana limited

****** $5.00 long term target*****, page-2

  1. Yak
    13,672 Posts.
    Goblin.......here's what i dont understand on a generic basis.

    you posted...."Don't kid yourself into believing this is a small operation and delude yourself that the price hasn't got that far to go. Word is its going to be bigger than Texas and with a report in just over a week things should start getting exciting. Will be holding and will continuie to accumulate on down days."

    Ok..... this stock ... any stock...

    If you believe this is a
    1.$5 stock and
    2.that a move up is imminent and
    3.likely to be big....

    ....why then f#ck around and look to accumulate on "down" days and take the risk of missing the action

    I mean so what if you buy OXR @ 73 rather than 71 if the scenario is right?

    Its a trading strategy I've never understood.

    I've seen people say a stock is "great and its @50c and going to a buck!"

    Then they put in a bid at 45c hoping it drops.

    They miss the run and decide "f#ck it...too dear and I missed it"

    Why adopt this as a strategy?
 
watchlist Created with Sketch. Add OXR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.