I see TOX as providing similar opportunities as what NDO did when it first broke through the mid 2's.
Interestingly, TOX also has a similar number of low priced options on issue.
Iv'e been accumulating both shares and options for over a month now...(shares from 2.2 and options from .004)
I plan to apply a similar strategy as I did with NDO...mainly loading up on options in the early days, then selling and switching to shares as the price difference between them deminishes.
I'm looking at a minimum 5-6 month outlook, and hoping for at least 200% on the OFP's and about 800% on the options in this time.
Very strange trading today...both in the shares and options. It was almost as if the market was waiting for a big dump from someone...perhaps a final cleaning of the decks?
Whatever was going on, the result was very cautious buying, especially in the options, where very few were prepared to step up...even less prepared to sell...in fact, I bought about half of those traded today.
So much of this reminds me of NDO...LOL
If I may...everyone keeps crapping on about the June cash-flow report...sure, it will probably be good, but I reckon we might see something else, left of field, to really get things moving...a bit like when NDO announced the North Sea stuff, just when everyone was expecting something else.
Remember what happened that day?
Cheers!
TOX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held