The spec sector isn’t rocket science. At one point or another,...

The spec sector isn’t rocket science.

At one point or another, most stocks get a pump and it’s insanity to buy them on said pump, unless the Announcment has somesort of revenue figure attached that shows it’s actually undervalued.

If you like the stock, wait for the stupidity to settle down and you can pickup at a better price most of the time.

Ive bought a decent chunk of options at 0.001 and there is plenty available now (as opposed to weeks ago).

Stocks can also re-rate significantly on a good Announcment, so as long as the company has plenty of cash and is active, you can have a fairly good punt if you’re patient.

No one knows what will happen, or whether the next ann will be a “duster” or “bonanza” …. You just need to manage your risk and don’t get sucked into the hype etc.


IMO, current levels are pretty decent for a punt.





Cheyne