I bought today as part of a MR strategy and promptly sold. I have a feeling this is going to get smashed very soon. Not trying to down ramp.
Regardless whether the technology works at first public demo or not, no stock rises in a straight line. When I see a chart hitting resistance, I take profit as much as I can. If, as some optimists hope, the price hits $200, there will be plenty of opportunity to get back on; right now, it looks more likely to be heading for $25 or even $20 - not a bad margin from my sale zone $32-$33.
View attachment 67609
Unrelated, but what software do you use Pixel to make those pretty graphs?
Pulse software from paritech.com.au
I get it free, including live data, from my broker, openmarkets.com.au
I bought today as part of a MR strategy and promptly sold. I have a feeling this is going to get smashed very soon. Not trying to down ramp.
Follow the system??
Manual override. Looks like I will pay for that. Anyway... play on.
Well it didn't exactly get smashed. And it's looking interesting again today.
The HC crew are getting impatient, waiting for the demo.
the pattern above the minor support at about $26.80 looks a bit like a H & S reversal. If that's the case it could be heading towards the $18ish mark. Although i personally think on these more speculative stocks anything can happen.
Where's Mango? You hanging in there buddy?
He bought at a very low price. I don't think he's sweating.
Each to his own, maybe he isn't sweating.
If I saw the value of a holding diminished by a third, I would though - regardless of where I bought.
Assume you had 1,000 shares (adjust to suit) that you'd sold for $34,000. At current levels, that amount would buy you 1,450 shares, which is a 45% larger position. Were AKP really to hit $200 a share, you'd have 90 Grand more to spend...
I still hold 31,000, average buyin @$3.80.
Contracts have been signed with a chip manufacturer, and the CEO has announced that there will be a presentation in Israel prior to 30th Sept. He has announced that they are talking to 50 of the world's largest companies. As I have been saying for 2 years now on this site, this is not a pump and dump. There are only 27 million or so shares, and it seems that the day traders have discovered it. I don't care if the sp moves a dollar or so very day - I made a fairly large bet some 7 years ago, but I trusted the guys who told me about it. I've never been a trader, I'm a gambler. To each their own. And yes, I still believe it will go past $200. After all, that's only $5.7 billion which is beer money and bus fares for disruptive game changing technology. Apple spent more than twice that on Beats, which is old technology.
I still hold 31,000, average buyin @$3.80.
Contracts have been signed with a chip manufacturer, and the CEO has announced that there will be a presentation in Israel prior to 30th Sept. He has announced that they are talking to 50 of the world's largest companies. As I have been saying for 2 years now on this site, this is not a pump and dump. There are only 27 million or so shares, and it seems that the day traders have discovered it. I don't care if the sp moves a dollar or so very day - I made a fairly large bet some 7 years ago, but I trusted the guys who told me about it. I've never been a trader, I'm a gambler. To each their own. And yes, I still believe it will go past $200. After all, that's only $5.7 billion which is beer money and bus fares for disruptive game changing technology. Apple spent more than twice that on Beats, which is old technology.
Wow congrats you've essentially been made a millionaire by this stock. Can i ask what percentage of your salary and total portfolio the original purchase was to you?
And, remember this guys.....I put you onto this stock when it was $9. Anyone who has bought any shares is a long way ahead. Yes, it got to $35 and then dropped. I just saw that as a dead cat bounce, because Fred has this infuriating habit of not releasing information unless he absolutely has to. I was at the AGM where he publicly stated that he regretted taking the company public. When the company needs money, he puts his hand into his own pocket and provides funds, which he subsequently converts into more shares. He has never in the 7 years that I've been involved, ever asked the shareholders for more money. Apart from the Lau's putting up $6 million for a million shares, but I suspect that is a strategic relationship move.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?