BLT 0.00% 2.6¢ benitec biopharma limited

RSTICKLEI see your point.But the constant claims of a few on...

  1. 540 Posts.
    RSTICKLE

    I see your point.

    But the constant claims of a few on here to allude to
    others to buy all the way from $2.38 down is downright criminal.

    I have been bagged and my posts reported, as have a few others here for claiming the price would see $1.00 again.

    To me it was a no-brainer.

    I notice the BOT is quite today so that could be a sign for a re-entry soon.

    I bailed out with most of my holding at around $2
    even if the price spikes to 1.40 tomorrow and I buy I will
    have increased my share holding by %60 with no increase in capital outlay.

    Lets say 1 million shares holding.
    Sold 700,000 at 2 dollars and buy again at 1 dollar.
    I now own 1.7 million shares for no capital outlay.

    Lets say I listened to all the legends here and I have
    been buying all the way down from 2.38 at an average of
    say 1.60

    I would have outlayed an additional 1.2 million dollars
    to have the same share holding.

    So I don't see the value in the " hold" mentality and
    buy all the way down.

    The BOTS are your friend ........when they appear its time to sell.
    When they disappear its time to buy.
    They may also re-appear for a pump upwards.

    DYOR
 
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