GCN 0.00% 0.7¢ goconnect limited

A few choices1. sell now to save a few pips if the ANNs are...

  1. 655 Posts.
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    A few choices

    1. sell now to save a few pips if the ANNs are delayed further

    2. hold or a take a position and wait till the ANNS come through very high chance of multiple cent gains IMO

    3. wait on the sidelines till ANN and hope that it doesn't gap up multiple cents before you can enter, if it's a trading halt good luck getting in anywhere near these prices.

    It ran to 7c on speculation alone what will it do if the valuation actually comes in at 30c or even higher??

    on top of all this you could be hit with other ANNS like WIFI or further china deals

    I see downside as a few pips upside is multiple cents, good things come to those that wait

    This correction was inevitable and normal for such a steep rise and the sharp drop could well have been exagerrated by trader credit, stop losses triggered and of course the CR.

    Make a smart choice with your head not your feelings if you need to take profit do it but weigh up what it could mean if you excercise some patience and follow your original plan when you entered.

    Turbo


 
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