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I ended up having close to 350k of the options at 12c maybe not...

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jas626

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533

05/11/17

15:20

Post #: 28513152
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Originally posted by 5hareholder ↑

It's interesting isn't it. A lot of people responded to Jas during the week and consoled with the situation, because the majority of us have probably been bitten by our own impulses to "get rich quick".

Last week he posted that he'd bought 100,000 MUSOA around the 12c mark.

And soon enough they dropped below 3c and Jas made it quite clear of his feelings. The general consensus in the responses to jas was that chasing the penny dreadfuls to make an overnight motza rarely turn out as planned. And sometimes it was important for us to take a few weeks off to get our composure back after taking a big loss.

So yes it is quite incredible that someone can go from losing 80% of their quoted "net wealth" in 3 days on stock options, then turn around 2 days later and jump in to an illiquid micro cap stock chasing the Pilbara gold rush.

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I ended up having close to 350k of the options at 12c maybe not a lot for some guys here but it was for me.
I figure while the market is running there is no point sitting on my hands.
as for LCD I only have a pretty small sum in that one, also have some money in pnx and vec
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