RE: Naked seller.3 Aug 2018 10:28
Jaf1948, I do not add ‘if all goes to plan’, because it would require extra time and effort, and is already understood.
If i ask Bob which type of tomato he will plant next year, he might answer with Gardeners Delight, amongst others. I would understand that as his plan. I would not expect him to explain that he might not plant out Gardeners Delight, if his circumstances change, or no seed is available, or there is some particulat blight or tomato disease going around.
The same with holidays. The Red Sea coastline may be taken over by Daesh and he may be forced to change holiday destination.
As for WRES holders selling - why not?! Do whatever you think is right for you. Buy, sell or hold, as you wish.
I agree with you that having a single seller of 3m shares is an assumption and by definition, that may be wrong. Assumptions are not facts and facts are not assumptions. We all know that. That is only common sense, but thank you. For clearing that up for us.
The sensible thing to do now, according to you, is to sell WRES because a person, or persons unknown, is selling 3m at a time. Please forgive me then, as I choose to keep buying, instead of selling. If we are both alive this time next year, able to type, with access to the internet, have not reached a debilitating level of senility, have a willingness to communicate with each other and are allowed to do so legally at that time, you can tell be if I was wise to buy WRES at under 0.5p. Or not.
In that context,we have already established that my heavy buying at 0.26p-0.3p was a very good move and that your selling in that range was not. Nevertheless, I will concede that my being right then does not guarantee that i am right now, for a host of factors, most of which people can understand without me being didactic and pedantic.
There you go. Ten minutes of my life that I will never gets back. This is only a bulletin board, not a philosophy GSCE class. Can we agree that neither of us has prescience and just post like the other, normal posters? Pretty please?