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You should have sold all your heads and bought 200,000 oppies...

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Torbreck

12,636 Posts.

526

07/09/17

15:48

Post #: 27066633
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Originally posted by foo ling yu ↑

Ive started this thread to hopefully gain some insight and share strategies with those who have changed their game plan or are trying to figure out where to go from here.

I'm not too proud to admit that I realised a loss today, after careful consideration I sold down 85% of my tv2 holding.

My reason is not because I believe that tv2 will fail, its because I don't believe it can offer the same return for risk ratio in my acceptable time frame anymore. Too many maybes and my own perceived diminishing sense of conviction from the directors.

Its not the first time nor the last that i'll be in this position.

I still hold 100,000 heads which will either make back my loss or go down with the ship.

This is not for bashing the stock or insighting negativity, just an open conversation on peoples different ways of reducing risk and the motives behind their decisions.

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You should have sold all your heads and bought 200,000 oppies instead of 100k heads... You would have a larger position and if the oppies are out of the money by 2019 then that means that the company had failed anyway...

Last edited by Torbreck: 07/09/17

TV2 Price at posting: 1.0¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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