SP . Price movement, page-1461

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04/05/21

14:48

Post #: 52926980
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Originally posted by Sojourner ↑

"although the compounding results of using both strategies potentially yields greater returns.". Yep.

I have pretty much executed the trading strategy discussed and managed to sell a big chunk of my holdings and have now bought it all back at around a 20% discount. I'm no guru at this and I am sure there will be many that have done much better but this has been such an obvious trade.

On top of that, with the extra money I can now use to increase my holdings by putting toward the SPP, or still be able buy more on market at lower prices than what I sold it for, or diversify into something else, or buy big flashy toy for the missus to drive around in, or a mix of all of the above.

Yes, there are tax implications, but at some point you will need to realise those gains, and what better time than do it it and buy it back very shortly after at a big discount.

Sorry to any new holders who got hyped into the stock at the top. You will probably do well in the long run, but just not as well if you also spent some time thinking about how the players in this game were going to act and how it would affect the share price.

Expand

Australian company launches anti-viral nasal spray to tackle Covid-19 (msn.com)

The ever changing goal posts in the fight against COVID.

Interesting that this progress is from a Melbourne based company and widely sold in the UK, aiming at EU wide distribution.

While the spray has not yet been approved for sale in Australia, it quickly became the top selling product at Lloyds Pharmacy.
Ms Fairley stressed that the spray wasn't used as a substitute for the vaccine or face masks but could be used as an extra protective measure.
Starpharma are now working on launching the product in the rest of Covid-ravaged Europe as well as India which are seeing upwards of 300,000 cases in one day.

all IMO

ADO Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
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