Post by
Resilience19 on Mar 25, 2022 9:55am
Added 60,000 between 0.155 and 0.16
Even if it were to make it to a rather measely 0.24, by Annual/Q4 results (NLT 02 May), this modest purchase would still generate a 50% RoI over a short 5 week (or so) period - on paper. And then, if up another 0.08, to 0.32 by Q1 results, that would offer a 100% return over a 9 week period. I think this delivers a descent risk mitigation strategy, given the extremely low downside potential and the fact that a savings account would only generate 1/12th of 0.1% over 1 month.... I'm happy to take the risk (trying not to be too blatantly facetious here).
Comment by
gossamer8 on Mar 25, 2022 10:24am
This post has been removed in accordance with Community Policy
Comment by
Reeseman on Mar 25, 2022 1:04pm
Your 60k is 60% of the volume for the day.
Comment by
Resilience19 on Mar 25, 2022 2:59pm
Yes, 60% of the volume appearing in Stockhouse but this doesn't paint the whole picture. Either way, volume these days is incredibly low. This said, I'm happy with anything I can pick up around the 0.16 range. This said, no more dry powder for the immediate future, so I'll simply step back and watch things chug along, for the time being.
Comment by
MUTDMUTD on Mar 25, 2022 1:23pm
... and $0.32 is not even close to my expectations or target selling price but great post.... Yet, people know I'm the one who keeps signing off with "DM TO THE MOON OR BROKE", so I probably lost them at dot dot dot.... Lol... DM TO THE MOON OR BROKE!!!... ALL IMO. DYODD.
Comment by
MUTDMUTD on Mar 25, 2022 3:44pm
... I am liking your vision Resilience... Liking it a lot!
Comment by
StuGatz3579 on Mar 25, 2022 3:58pm
MG has plenty of vision too. Unfortunately it is never really clear. Could be a reason why sp continues to fall...Just saying. SG3579
Comment by
MUTDMUTD on Mar 25, 2022 4:09pm
...Stu... you say... a lot... of ... stuff....
Comment by
StuGatz3579 on Mar 25, 2022 6:09pm
MUTDMUTD ... I just try to be a bit less vague than most of DM's releases and twitter feeds. Thanks for noticing. Fins coming soon. More head scratching in the works. SG3579
Comment by
Leonovus2017 on Mar 25, 2022 5:21pm
Resilience, hope you're right, but we would alot of changes as the company needs strong focus on promoting and solid NR's. They need to hire some experienced professionals to get us to the next step. We are a start up company ready for the next level if expertise...
Comment by
MaterialWorld on Mar 25, 2022 1:40pm
You did well Resilience by adding 60,000 shares in the first 15 minutes of trading today. You're going to at least triple your money in the first half of this year. Best wishes....................MW