Ubid I think your post has a lot of merit. Any Director buying...

  1. 937 Posts.
    Ubid I think your post has a lot of merit. Any Director buying oppies in reasonable amounts with a near term expiry date always rings an alarm bell in my head for the following reason:

    I friend and I bought 200,000 AUMOA for $1600 (less than 1c each) purely because I saw one of the directors buying them. At the time from memory they had less than 3 months before expiry with an exercise price of $1. The shares spiked to $10 within weeks. I sold a few around $8 and keep the rest (silly me was to green should've sold the lot). The company is now called CDU and is currently trading around the $5 mark. Despite the massive roller coaster ride over the past couple of years we're still holding a good chunk waiting for the magical $10 to arrive again. :)

    Posted purely to show that you can turn your few thousand into a million just need an eagle eye and lots of luck (also need to know when to get of the speeding train lol).
 
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