IOT 0.00% 0.1¢ iot group limited

Company Mk Cap, page-3

  1. 1,791 Posts.
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    As a casual onlooker (who made 1 profitable trade last week but won't touch it again), this is way way overpriced already. Please be careful.
    Think how much they have to sell to justify the current market cap, and how much profit they have to make from those sales. Is it possible?
    I would personally be free carrying some now rather than expecting double, triple, multibags here. For anyone who is already in the multi bags, you have a change to minimise your risk or take it all off the table..

    Yes I could certainly be wrong, but this looks really like every other hype train that could end in pain. Best of luck to all involved.
    Last edited by wetunderscoresandwich: 09/05/16
 
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Currently unlisted public company.

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