mako at 41c discount, page-10

Scary on any retrace not suggesting there will be, but if there was a retrace and you hit a stop loss you could burn a bit more than you might on the heads as the oppies just dont have the liquidity.Stratergy would be to exercise them. I have a mate buying MAK today and tomorrow reasonable amounts and thats why he isnt buying the oppies he cant justify his stop loss on the volumes traded over the last 6 months and says that exercising them due to retrace could be paramount to throwing good money after bad.Leverage is good he says so if you think the shares are going up from here buy them today and convert them tomorrow. I trust him and he wants nothing from me and dosent care about what others do just passing on what he thinks.