you have summed up my thoughts exactly, sophisticateds happy to...

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Therookie88

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15/03/19

12:47

Post #: 37774043
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Originally posted by RhysT: ↑

It does feel some bigger holders just want out and will take the loss whatever it is.
To me it feels like cap raise participants wanted in and a quick exit. They keep the options, but were sold on that 26c buy price being a quick buck, with SP on market at 31c...

With fingers ever hovering over the sell button to get their capital back, every minute that it doesn't go back up is more pressure to just click to get out, even at a decent loss.
Short term outlook causes more stupid selling than anything else I can think of.
Being in the red makes times like this suck when holding, but by almost every rule of making money on the market, selling while the stock is in the biggest SP hole since IPO, well you don't make money like that.
That's how I feel anyway.
I didn't time my entry perfect by any means so am in the red like most, but exiting now would be pure stupidity for me... and letting emotion and short sightendess rule over patience qnd confidence in a massively undervalued asset.

Frustrating as hell though that you can't contol how other players think.

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you have summed up my thoughts exactly, sophisticateds happy to have there cash back ready for the next discounted raise elsewhere snapping up free oppies as they go, happy to take a loss to make it up elsewhere...

that's this end of town though we all signed up for it, just need to look at the big picture

TMT Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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