what will a good result mean?, page-8

Sparky
I thought Darkhorse's post was informative and a good read. Obviously he's very enthusiastic in regard to FNT and I certainly hope he's right. However, never forget that no knows how it will pan out (Not a bad gold mining bad pun!). Not even a friend of a friend knows.

Having a set price of $1, I think, is a too rigid a strategy. For all we know the sp could run to 95 cents on expectations and then fall back to 10 cents on results or other hand 80 million times $2000 .... the mind boggles.

Either way you'll kick yourself, if you simply sell out at $1.

Before the price moves, devise a strategy to sell off portions at intervals to reduce your costs. Hopefully when the sp reaches the dollar you have reduced your costs but still have shares for any further upside. You can make it a win situation which ever way the sp moves. For example, if you bought at 20 cents and sold half at 40 cents, you can't make a loss. It's sensible to protect your capital especially with speculative shares. The difficulty is to overcome the greed instinct.

I don't think too many punters have a set strategy on when and how much. For me it's following the market sentiment and gut feeling.

Give it some thought and the best of luck.

Con80