RE: Opinion required28 Jul 2021 16:29
@Technical
My opinion, only an opinion as I dont really know
Nothing has changed this week other than that tweet has ignited interest again. That hash tag Discovery was just referring to the discovery James made IMO, and what He1 will make at some point, which well/site and how many is the question, again IMO.
So same risks as before the tweet..
Since we are at a high the shorter is probably betting on low 20s as thats where the price was before the tweet, especially if they have the same opinion I have about the tweet.
If you look at KETL on the dates the shorter took positions the stock did fall a little, but overall the stock went up, so they were'nt there to make a big killing, may be they lost out
We are close to 27p just 4p from Tai's unrisked value so its not a bad price to de-risk if your up, and especially if it gives you a free ride, plus there is another share with multi bagging potential available at the moment..
If your shares were funded by profits is one thing, or by needed money another, and a loan something else..
Write down the different scenarios
100% or top sliced
Tai Discovery
Tai Dry, next drill a discovery......
Some guys here invested with the intention of buying more than they intended to hold, sold those extra to get a free ride or reduce their risk.. most just dont say..