Nice balanced post.
Just a thought but many that got in early like yourself and Mcmurraj can maybe envision 20-50 bag end result as your buy in and average is low(depending how low). These sorts of profits make it a no brainer to hold to the end. Those with a higher average of say $3 are starting to think how many x$ am I to make from my average? I'd say there would be a lot that'd bail at a $12 TO offer. 4 bags isn't that bad but considering those with averages at 3 could have only been a few months later to the party than you guys it can put a real dampener on mindset and patience. I'd also say a 4bag profit on a high risk speculative stock that takes 6years would be a poor choice (I'm hoping Race swings soon). We've all had to be patient and positive but I tend to think those green haven't had the stress that those who've been Red for the last 2.5years and prob cant fully understand the rationale of these holders. Hence a low TO is a real possibility and a scary thought. After being Red for my entire RAce journey and currently 50% red I want to see SP improvement soon. Before you say the SP isn't the company and fundamentals are better than ever remember be only get a premium offer to the current SP at the time.
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Nice balanced post. Just a thought but many that got in early...
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$1.68 |
Change
0.050(3.08%) |
Mkt cap ! $285.4M |
Open | High | Low | Value | Volume |
$1.65 | $1.75 | $1.64 | $210.4K | 125.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.68 | 595 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 12000 | 1.630 |
2 | 4461 | 1.625 |
1 | 5000 | 1.620 |
2 | 10500 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.680 | 595 | 1 |
1.695 | 7597 | 2 |
1.700 | 11000 | 1 |
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