RE: monarch 8m 88e free shares2 Apr 2019 16:56
Lefty, unfortunately I don't see any blue line in the chart so something is clearly not working or I'm just too stupid.
2/3rd of your comment is around how much money I didn't make. What you forget to mention is the money I made beside de risking. Having an average of .63 I sold 2.8M @ 3.8ish to derisk and another 2M @ 3.6ish. Plus I have the remaining 8M @ current sp. Sure, I could have made more, but I guess you agree my strategy hasn't been that bad so far. After all, not even the t line always buys on the lowest and sells on the highest, right? So could I kindly ask you to refer to AS IS instead of what COULD HAVE BEEN for future conversations in which I look to receive timely information on what to do with the remaining 60K worth of shares.
As mentioned above, unfortunately I don't see the blue t line so it would be great to fix that.
Also, I have a feeling that MM's would put the sp close to your .39 right at the opening so whatever my stop loss would be on that given morning, the 8M shares will see just a price close to the .30-.39 anyway. Good to see the upper resistance levels which I presume will present opportunities to trade, although I doubt we will see ups of 2.7 followed by 1.1 in the event of a FO. Agreed?
Monarch