RE: 20p target15 Feb 2022 07:23
Morning Aldebaran,
I can confirm that this is not the place where anyone discussing risks will be showered with kindness.
Clearly, you have a mission here to get to your short term target asap, whatever that is. That is fine by me. I posted at the weekend that there was going to be a Blitzkrieg on the SP this week. IMHO, this is the week that most of the shorters want to exit, and that this is a good opportunity for those with a long term view to start to accumulate.
I also said that 30p was a possibility, given the current sentiment, shorters etc. That is unlikely, but possible.
Either way, it matters not. Short term downside risks remain sure, but long term risk/rewrd ratios are improving every time the SP makes another move South.
What is your actual target price to close your short here Aldebaran? I don't believe it is 20p.