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rajkume

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13/08/21

14:31

Post #: 55269765
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Originally posted by IsdHope: ↑

Hi Rajkume,

You are wrong - STTTF drives the SPT price not the other way round - Why - I have looked at the shares price of STTTF relationship with SPT for the last week. Then I worked out the formula of what SPT share price will be for the day. I then put it into practice. I sold my SPT shares at 64.5 cents a few days ago and bought it back the next day at 61 cents. Then when STTTF fall again, I sold my SPT share at 60.5 cents and bought it back again at 58 cents. Based on that, I worked up the formula and have great confidence of what SPT shares are going to be each day.

Even though I have initially bought my shares at 85 cents and still carrying a Big loss. I have now being able to make some money to reduce the losses over the last few days. So now I am waiting for STTTF share to go out again and since I know what the share price of SPT will be the following day, I can confidently sell at the maximum price for SPT based on STTTF share and then buy back the SPT shares at lower prices the next day.

Sad to say and Unfortunately, this DOG is leashed by its master who lives in the USA.

Winning formula,
Isdhope

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Am happy that you have got some strategy working for your and you were able to minimize your losses.

I just relied on the data, for example I have highlighted the cells, where I find STTTF and STP are out of sync. But if you have something working for you thats what counts, may be we observe the price movements next week and if it indeed is successful , i would jump in as well.

SPT Price at posting: 57.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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