Sigh10 Feb 2012 09:54
No I'm not a trader, why is that everyone's stock excuse for anyone that says anything to challenge current views? It really is a very lame excuse.
ok look, some simple math
If I buy 100,000 shares today @ 0.65p it costs me £650
If the shares rise to 2p as you predict
I then sell 100,000 shares @ 2p which is £2000
My profit is 2000-650 = £1350
Now let's take YOUR assumption that I'm looking for an entry point at 0.55
I buy 100,000 shares @ 0.55p it costs me £550
If the shares rise to 2p
I then sell 100,000 shares @ 2p which is £2000
My profit is 2000-550 = £1450
The difference between these two scenarios is a paltry £100
DO you really think I'm here to de-ramp for that £100 difference? seriously?