CNP 0.00% 4.0¢ cnpr group

day traders in centro..., page-11

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Some interesting maths...

    You invest $50k at $6...you get 8,333 shares.

    Price drops to 20c...

    You cry...then...you invest another $50k at 50c (av)...you get another 100,000 shares.

    You have now invested $100k to buy 108,333 shares...and your new break even price is around 92c.

    I suggest this will be the average pressure point for upside resistance, with early buyers looking at a lower exit range and later buyers looking a little higher.

    The insto's will want to turn a bad story into a good one and will likely push for $1+ to enhance both the company's capacity to raise funds which may well facilitate partial debt relief via raisings...but given the potential "equation here", will also likely generate a profit margin on their new "averaged down" positions.

    The pivot re-load points will likely see a VWAP for the big players just under 50c...which, when accounted to previous exposure (read extent of losses) and indeed quantity picked up (net), will give us our likely short/mid term target ranges.

    I know what mine is...and it is much higher than present numbers.

    Cheers!



 
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