Morning traders May 5, page-93

  1. 1,072 Posts.
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    THD - Depends on your certainty app will be good. There is many a tech company whose app either fails to launch on time or when it comes out doesn't meet expectation. Smart money with apps usually de-risks just before launch be it through taking profit or free carrying.

    I know my comment is probably not much help but I free rode on the wangle app launch and glad I did or I would have been licking my wounds. They have an app which hasn't lived up to expectations and needless to say the price took a mighty fall. They could still be a good buy if they get a paying customer base..... "if" but that is long term.

    There is possibly a pip or two to be made on THD but as a day trader buying on a possible Monday launch you risk your capital getting tied up in trading halts. Advice - trust yourself, you know your strategy best
 
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