Hi DdwnThanks for your comments.Maybe we disagree in one...

Hi Ddwn

Thanks for your comments.

Maybe we disagree in one aspect.
You mention the "company doesn't change their status so quickly.
let me try defend my views and u tell me if I don't have a point.

Just look the past 6-8 months..
I cant count how many times I was in and out. Trust me.. I'm talking about HUNDREDS.
Yes several daily transactions that doesn't count. But several was change in the company status..
have a quick look just in this small photograph of events

12/6/2020 quarter re-balance MSB- asx200
21/7 ODAC schedule meeting
30/7 update phase 3- Covid
11/8 schedule committee-ODAC meeting
13/8 trading halt
14/8 Msb inform 9x1
27/8 Fin. results with relevant increase of income
3/9 DSMB recommend go ahead Covid trial
15/9 MSB award
29/10 quarter report

well... i don't need to go ahead to prove my point. Each event that created i wave.. Low- fair or over

Each single news 9aside of entire market news that also affect MSB share price) create a MARKET reaction.
Not rare, to be honest more than 80-% of time market react over. bad ? sell too much... good ? increase price too high

A trader have NO OPTION if he wants really make profit...
Oversold.. don't blink. BUY
Over bough ? don't think.. sell

that action is pretty exhaustive because u must be on computer 24x7 or as much close than that..

i'm today <as per your definition a "short term investor". Yes, but please consider that the ONLY MAJOR rule I apply in my trades is

BELIEVE THE TREND IS UP..

In that sense i'm the biggest the largest and the strongest supported and believer MSB is a good company and the major trend is UP. The problem is... they went UP too early and without facts, just dreams..

the result we have now...

Now that we have FACTS so hard seduce again (including because plenty people fully invested.

Well.... I'm "in" and I hope I will be in much more several times in the way from 1.86 towards 10.00

All long journeys as people use to say, start with a small step.

My step is definetevelly IN !

CATO