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Daytraders After Market Lounge 13th Sep, page-12

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hud558

2,297 Posts.

13/09/17

21:39

Post #: 27199932
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Originally posted by Cleo ↑

Hey @hud558, I sold all my AVZ yesterday @0.16. I had quite a substantial holding, larger than I would normally have taken but I felt that this stock would have legs. My intention was to sell one parcel and hold another but when it didn't shoot to the stars after the announcement, I ditched the lot at the day's highest sp. The profit was very welcome.

I think the delays and the pretty much already known assumptions regarding the results caused the anti climatic nature of the reaction. Knowing that there was still heightened interest in the company and the lithium sector in general, I took a quarter position at yesterday's low of 0.14.

Today, the stock was punished further and I bought another quarter parcel @0.13. So at this stage at the closing price, I am in the red. I will see what transpires over the next days as to whether I will hold, sell or buy more.

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I thought I was so smart buying options at 10c but was proven wrong.

While August was so good, only AGY and GMV have been the big winners in September.

Missed PGM today and once again mostly cash, there's nothing on my radar.
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