The issue is not whether TAM reached 6.8 cents and there was a missed opportunity for profit.
The issue is Catsgrave asked for advice and some of us took the conservative view.
For example, in my chat to Trent, I said holding CXM from 17.5 and have set long term (4 year) target (conservatively $3.50). I said sold some CXM at 60 cents and hope to sell more soon at 75 cents to be free carried. That was done today, with CXM rising 21% today for its high and I sold at 75 cents.
Similarly, i said sold some CXM at 60 cents to take some profits and add to my holdings in speculative shares USA and QMN. USA up 24% today & QMN in trading halt, pending capital raising, to drill next door to CDU.
So, for the benefit of newbie Catsgrave, what is the difference between my trading & TAM?
CXM still has large upside and QMN & USA whilst speculative have massive large potential upside.
However TAM has topped out and there is a chance it may fall back to 4 cents and stay there.
The economic fundamentals are against TAM and many posters on this thread agree.
TAM Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held
