Dont make the mistake of assuming what my situation was/is on ozl. Firstly I did not borrow any money...I used my own capitol. So there was no margin call etc. I purchased 60,000 shares at 3.35 thinking it was cheap. Then after some time i purchased 20,000 at 2.70. As the price kept dropping I decided to sit back and wait for a bounce...this was my mistake. There was no panic on my side..more frustration. I am a disiplined trader and I am not greedy. If I were confident in management and knew with certainty that they would not purchase another zinc mine for example I would purchase another 60000 shares at 2.00 using some of my money and some borrowed...but I aint crazy thats why I decided to sell ...my worst trade in 3 years. Now everyone knows my story,,,,and i am not looking for sympathy... I want the head of the cyclopse on a silver platter.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held