Hey maxactionCan you please turn it down a few hundred words per...

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18/08/19

18:53

Post #: 40030553
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Originally posted by MaxAction: ↑

You’re not trying to tell me that it could be detrimental to the SP if some holders are trading the stock with parts of their holding to lower their average buy-in price or even try to reach free carry or is that simply against the ethics of the club of LT holders?
Overcapitalising on a single stock is an entirely different story/problem, which certainly ups the risk on those who do, especially when it becomes a little tight at the exit. Sure they hope that everyone is holding on, but correct me if I’m wrong, but I remember reading that some holders wanted to take profit when the funding announcement finally drops. Did they change their mind and sold early or was it some smart guys
getting in the sell queue before them?
I simply am pointing out a few facts of life/trading when saying that after a 42% drawdown it takes about a 70% rise in SP to just get back to 45c. That IMHO not denigrating to anyone it’s just something large LT holders and true believers have to live with. They can dislike or hate traders all they like it doesn’t change what they have to go through, but even for them trading or pyramiding could ease the pain!

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Hey maxaction
Can you please turn it down a few hundred words per day with your comments. For you, less is more if you get my meaning.
Best of luck to all share holders at Monday open. Great company this, and wow congratulations on those awards.

WKT Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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