Nit picky, but the SP went under .20 on 14th. ;)
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Same here, doubled my holding around 36c the other day (didn't have guts to buy when it was going down prior to this week's announcement). Happy to lock them for longer term.
My theory is basically if you can get stock under price paid by McDonalds which was 39c in 2019, its bound to be good investment imo.
Looks like bullish close coming up for the week, playing as I suspected :D
Trending up, not down. Picked up another 18k at .37c. Good point re getting in at below McDonalds price. Happy buying at below Directors purchase price. Should be interesting to see what happens next week.
Friday had a second short 12.5% pulse, likely see a pullback again Monday Tuesday to mid 0.3's again. If finds support at the 0.35 mark a couple more times might feel a bit more confident that a lower end trough forms. Still a bit risky buying in at the 0.40 mark today with the amount of profit takers still waiting gin the works to cash in on the run. A bit more time bouncing off a low to establish would be required to solidify a confident level to accumulate. 0.3-0.34 would work, going sub 0.30 might be being a little hopeful? Depends on how many profits want to be taken off this and the following week. 12.5% Friday gain likely to taper back, it's the old oscillating swing in action currently, great for traders. Hope you do well Ggcc :)
Thanks although I’m not really a trader. On this share I have taken a gamble and it has paid off. I will keep holding these until I see a reason to get out. Which made me think are there more longterm holders buying up more now as some risk has been taken off the table?
I would hate to short on this share if management are buying.