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Lack of interest, page-37

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perdant

4,649 Posts.

727

10/10/18

12:27

Post #: 36066479
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Originally posted by pintohoo ↑

morning perdy,

I don't get it ------- why would anyone go on the highest risk game in stocks for such a tiny amount and in a time that is very high risk of the SP going north?

if you went short at say 32 and you thought - ok, perhaps the SP is going to 235 (gap cover) -

for 24k short shares - that's a potential profit of $2040

but, running a potential limitless loss????

in a time where there are normal results due, --- 787 results due, Lithium results due

????? gees, you would have to be a punter ---------- surely there would be better long punts on the board with the only risk being the full loss of the position and not a limitless potential loss??????

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Really don't know tbh.
Going on your figures, even if they thought the sp was going back to 29c, (issue price of the placement) would the profit cover brokerage?

BRB Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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