88E 0.00% 0.2¢ 88 energy limited

Ann: Operations Update, page-318

  1. 9,092 Posts.
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    Hey Flexmw,

    My initial target was 2.3c, which when reached saw me exit for between 2.1 and 2.3c.

    After the drop back, and after reading more of this OTC chat and the strength on the AIM I got back in for 18% more shares for the same money.

    My following target was 2.8c and I was about to sell but something in my readings said, "nah looks like a little more in this". So pulled my sell.

    There's something in this trade that doesn't sit well with me as I'm normally a FA type and let the TA play out(that's what brought me here in 2015). This is different, FA is out the window and this is purely(at this stage) a TA play.

    This is not rising on any proven info or knowledge, it's just rising on something unknown, the GameStop effect?

    Sorry, sidetracked a bit, I'm not about to let this ride into results, 3.5-4.0c is my exit. I think it's overcooked now so by then it'll be seriously overcooked. Happy to be wrong though but I'll not be in.

    As far as ELKO and Dave, I've no idea so best for me to not speculate what's going on there. Good luck to both of them.

    Just my thoughts.

    Cheers
 
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