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04/07/23
15:14
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Originally posted by Goldfinger99:
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I would love to sell and make a small profit. My problem is when I do that, inevitably the share price goes up (after I sell). This is what I have been telling myself for the last number of months as cash flow is imminent. Well a few months ago it was not as imminent as we were all told. In fact we were led to believe no capital raise would be necessary as Waylering was just around the corner. What they forgot to tell us is that Waylering was in fact just around 5 or 6 corners. This is our directors, STX directors have no responsibility to TPD Shareholders. So my issue is do I sell (and then watch the share price go up) or do I hold................................and hopefully the share price goes up, and that could be 2 or 3 more porkies off yet (maybe more).
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The sunk cost fallacy.. but also so close now so makes sense to hold on.. That said I just made a better return on ldx in 1 day than tpd is likely to yield in a takeover.