After careful consideration I dumped my entire trading position...

After careful consideration I dumped my entire trading position late yesterday afternoon at 2.4c and took a loss of about a thousand dollars. Happy to buy back in around 2c.
Of course it this sucker moves up in a straighrt line I still hold my core position so its win win either way.
Unlike nearly everybody here I do not punt the ASX as a part time hobby and must move on to greener pastures.
As I correctly surmised three weeks ago the placement has weighed down the share price and will continue to do so as long as a lousy one-tenth of a cent profit appears alluring to the newbie shareholders.
Unfortunatley there were over 170,000,000 shares issued at 2.5c. Ridiculously bullish news will be required to take them out.
Off to the less hostile waters of SEA (geddit???)where I have been making good coin recently.
It is with a heavy heart I say a fond farewell to all the new chums I've made on this board in the last month. May your trading dreams come true although for some of you lot that would be a real stretch!
PS Scraty you are bang on the money with your comments.