TRH 0.00% 83.0¢ transit holdings limited

big dump on opening !!!, page-4

  1. 4,317 Posts.
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    I would hardly call it a big dump after the run this has had.

    Remember it is a very illiquid stock, there are always these kind of fireworks when they open up and start to fly, gaps left right and center, very hard (almost impossible) to follow with conventional charting until they settle down.

    I do agree about the potential for a capital raising though.

    So we have a few options:

    * Do nothing and wait to see what happens next (long term view)

    * Sell now and wait for potential raising - hoping that it drops to the cap raise price (it may not - big long term value on this one)

    * Ring the company and try to get some kind of confirmation (there was a rumor floating around last week on here from Straws)

    * etc.

    Any of these moves may end up being smart. Depends on your timeframe.

    I will probably hold considering the long term potential of this company, but I totally understand the other positions - I am usually no good at short term moves so work on the longer term view - which I know can be dicey with speccies.

    TRH is shaping up to possibly be a major winner this year so good luck whatever you do.


 
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