FUT 0.00% 1.4¢ future corporation australia limited

are sellers seling themselves short, page-2

  1. 3,891 Posts.
    tc, you and I have been in the market for a few years. There are a lot of newbies and scared dudes out there who have no idea what they are doing.
    Some would have been selling their shares (and I mean other stocks not FUT ) at a knockdown price on Friday when the world was collapsing(read a small hickup in Dubai) and they will be the same buyng back the same shares from the likes of you and me today, except at a minimum 10% premium.
    Works well for me because it's money for jam.
    Some like us are willing to take the risk and bet big money before results but having weighed up the prospects and likely chances of success. If we are right, we will be selling our millions into the newbies and scaredy cats at perhaps 3 or more cents as they think they are buying in early .
    Or we/ I may hold on for more action with more drilling coming up and make an even bigger killing hopefully.
    It takes all sorts in the market and I for one am glad it does.
    Cheers .
 
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