RE: RE: my opinion Lets just say that you have $5,000.00 to invest with your TSFA.
"The Risk Taker You" bought into INT @ .50 and now you have your 10,000 shares... it goes to $5.00 and you've made $45,000.00 tax free (after discounting your 5 K input).
"The Cautious You" has the same $5,000.00 and you wait till the stock goes over a buck driven by the good news in the NRs that are to come before the end of February... you "manage" to get in at $1.50. You bought 3,300 shares (saving $49.50 instead of buying an odd lot). The stock goes to the same $5.00, and you get out as well. You've made $11,500.00 (after discounting your 5 K input). .
That makes a $33,500.00 difference.
The Risk Taker You could buy a brand new Toyota Camry, including taxes, and enough left over for licensing fees for the first two or three years (depending on where you live), and a really nice lobster dinner for your "significant other" to boot!) Plus, he/she would still have $11,500.00 for winter holidays for the next number of years.
The Cautious You could buy a Honda quad with all of the bells and whistles, and have a little left over for a gun boot and a box of shells for your favorite rifle... then you could go poaching... maybe get a muskrat or two for supper... no holiday money what-so-ever.
* Even IF you bought at .75 on Tuesday, you'd get 6,600 shares (saving the 49.50 from an odd lot), and if you got the same $5.00, that would be $28,000.00... that is $16,500.00 more than waiting till the panic buying... and might get you into a Toyota Corolla, but your have to pay the taxes out of your pocket... although, if you talked really nice to the sales person, they might knock off enough for a plain cheese burger at Mc Donald's... no winter holiday here either, but at least with a new car, you should not have any troubles with it dying on the way to work next winter.
Speaking about winter, nice summer we're having eh!
Already knowing that we are going to get more news about the spin out, are you sure you want to be Mr. Cautious?