Re your question: "Anyone think the SP is going to drop much more"
I'm hoping the answer is "No, not more than today when it dipped down to 30c", because:-
- it is the record low for this stock, briefly touched on soon after listing when a long-term holder wanted out ... it soon recovered to 45c
- as flagged yesterday (or was it Monday?), I took the opportunity to buy another $2.5K at 30c ... I was the last transaction for the day. I was waiting until there was a firm 30c sell to buy into (I hate partial buys)
So, whilst still small-fry compared to the likes of Redfaces, Deca and (presumably to a lesser extent) Bochman (although I don't know actual holdings), my holding has gotten a little larger (now $5.5K, average 38.6c/share) and will hopefully get 50% larger again once the options offer comes around. Hopefully the SP will be nice and juicy and well worth the 50c.
Cheers and good luck to all
p.s. (and let's hope no further drops ... bring on July)
p.p.s. Deca, thanks for the constant feedback re. your "Domain Capital guy" ... it's like having a virtual broker (!)
GBI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
