ADO 18.5% 2.2¢ anteotech ltd

Ann: Quarterly Activities Report, page-83

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  1. 6,222 Posts.
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    Totally agree CJ.

    I have sold enough (at what I consider a substantially over the top price as things stand) to completely wipe out my previous overall capital losses, which had accumulate over the past years - thus no tax yet. Sold because I am never going to get into that situation again. Thanks ADO.

    [That is why I never ramp a stock. I have been there, and seen that - peoples certain expectation of sudden or future wealth crushed by an unexpected trial result or gradual erosion of paper gains.]

    But once tax kicks in, it is a different game. You can't necessarily sell when you think a stock is overpriced with the tactic of buying back in as the SP drops (if assumptions are correct).

    IMO, this is the current ADO situation - totally overpriced atm, but this may only be a short to medium term situation. For me, the longer term risk/reward prospect is still very positive from the current SP.

    Thus I will not be selling any more. I will confidently ride out (my current) expected SP drop.

    [Also, if it don't drop, it don't matter.]
    Last edited by What A Gas: 03/05/21
 
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2.2¢
Change
-0.005(18.5%)
Mkt cap ! $54.77M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $123.2K 5.805M

Buyers (Bids)

No. Vol. Price($)
15 2828323 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 662272 3
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