No problems. There is no certainty, just guidelines. Admittedly any micro cap is risked higher but the % rewards are great. Otherwise we would all be holding Blue Chips 4 the 5-8% only pa returns even if we choose correctly. You would have to speak to others on this thread who can comment more on the merits & fundementals of this stock.
I found the story sound, of good potential and the market cap extremely low with great upside. When it hit 19c+ ST the risk to hold increased- overbought, & backed by a surge in volume, so sold down to reduce that risk. At 13.5c its back to its 9 day moving averages, on a more sustainable level than 19c. I believe you have to like the story of a company else one should not be buying. Its still the same business now as two days ago, and unless the big players pumped this to dump it to destruction (why would they do that?) As it is still early days for the 3dm business... future CRs etc, chance for the company to grow larger and appreciate in market cap.
The SP closed on 13.5c but the Volume Average 14.35c. It could be scared small sellers. There were large buys at higher than the close. Look forward to next week. If you hold at 13.5c I think its a great risk vs reward scenario compared to if u were holding at 19c, don't u think? U r def nit worst off. G luck nx week.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
0
3:52:10 pm
14
1,061,702
0.5
$148,638
32
1
142 - 152
2:01:51 pm
13.5
166,546
0.5
$22,484
11
2
131 - 141
12:56:23 pm
14
165,550
0.5
$23,177
11
3
128 - 130
12:07:03 pm
13.5
110,000
0.5
$14,850
3
4
118 - 127
11:54:23 am
14
645,550
0.5
$90,377
10
5
110 - 117
11:40:23 am
14.5
321,586
0.5
$46,630
8
6
54 - 109
11:24:10 am
15
1,829,652
0.5
$274,448
56
3DM Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
