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Ann: Megabit Success, page-431

  1. 3,335 Posts.
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    I'm one of them, I guess, but I want a lot more of a return for the risk I've carried (admittedly with many turnovers) than a couple of hundred k. I'll turnover the whole holding in a day when it is just range trading, but right now I think it is amateur hour to trade out while the news is still getting out, and there pretty much has to be at least one more announcement soon because the last one was very much an overview of just the headlines. The next one will spur another run. But obviously there are 19m shares sayin' their owners reckon I'm dreamin', and I've both made 100's k on this and lost 100's of k missguessing the direction on this in the past, so maybe they are right. But I reckon they aren't.

    Interesting: ATM, every time the ASX queue get 50m+ it pushes up a bit, <50m it slides a little. Can't see the chi-X queue so no idea how that is impacting things.
 
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