Malaga,
Your approach sounds great ... and although less potential gain, is minimises your risk and potential loss. Sometimes being too confident and greedy does result in losses.
I did at one stage consider whether I should sell some LOMOB when the price rose (Note:- The LOMOB had not been issued to us last time LOM rose to $0.60 cents) and then try a retain some funds and buy LOMOA when the LOM price came back down.
Using this approach, I could potentially (if I was lucky) get as many LOMOA options as I held LOMOB options ... with a longer expiry period and a lower exercise price ($0.20) ... and decided that this would be too risky, and if I could predict the movements / swings in the share prices ... I would be retired and a full time investor.
I decided against this approach on the basis that I do not think there will be much downside for the LOM share price moving forward ... I think it will be up, up and away based on what lies ahead (based on historical announcements), and hence did not want to kick myself later.
I suppose we all have different investment styles and risk tolerance levels.
Well done and best wishes,
Zippy1
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7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $20.30M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 7.0¢ | $12.35K | 176.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 121431 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 27000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 121431 | 0.070 |
1 | 120000 | 0.068 |
2 | 127722 | 0.064 |
3 | 124801 | 0.061 |
1 | 16666 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 27000 | 1 |
0.072 | 108501 | 4 |
0.073 | 153356 | 2 |
0.077 | 70000 | 1 |
0.093 | 100 | 1 |
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