Very disappointed with today's response. Last couple of weeks at least 20 people responded to shut me down. I feel a let down.
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Ok, I will give another ammo. If you read thru my posts, whether you believe or not, my last 3 trades from 70s to 90s, then 80s to 112,then early 120s to mid 140s - 20%/40%/20%.
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This time I have 2 play which I feel can happen. I said I bought average 126, today's minimum was 125, yesterday 122.5, my price is just around 3 to 4% from closing. On a daily basis I can understand, each cent is important. But look thru my posts, its not about a cent. You don't get 20%/40% and then another 20% on just few cents. So get over it. But if after few weeks , if I say I sell at 160, is it that important 126 or 128 or even 130? No it isn't. But its not about that. Lot of punters here are looking to bash up somebody on a daily basis. Sign of frustration. I don't get that on most stocks. Poor RAF takes the load whole week. I come on the weekend, possibly as a reliever.
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So what do I think will happen to WR1? If macros plays well, it will go up. I will exit closer towards 150 with around 20% gain - that's my play, unless there is news or macro is looking good and I will continue to hold, or even buy more. If macro doesn't play well, I will exit around mid 120s hopefully, overall break even types.
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So what do I think will happen? Not sure. I wrote last week that a CR may be in the offing. I wrote how last Oct WR1 had 36m end of Sep but still raised 34m in Oct. By end of June they may have, I feel, even less than 36m - does it mean they will raise. I don't know, but certainly something one cannot rule out. If anyone feeling that price is unusually not going up, could that be a reason? Depending on whether one is playing short-term or long-term, it will only matter then. Long term we know all stocks will raise, so we are already prepared in one sense. Short-term, it may matter to those looking to buy. Also we have to consider the prospects of WR1 against other Li stocks. I was reading all the threads on PMT. From that time the bashing started, PMT rose roughly 30% from 70 or so while WR1 stagnated or went down? Why was that? Sometimes we have to look within ourselves for answers rather than bashing others. As I have said before, for us to win doesn't mean someone has to die. We can all live happily together. All the best.
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