RE: Risk or reward?6 Sep 2024 00:09
Hi Rob. You keep referring to highly dilutive cash raises with attached warrants as rights issue. They are not rights issues. A rights issue is where all shareholders are offered shares at a ratio to their existing shares. They really are not rights issues.
I deal with facts and probabilities. I am very happy that I sold at 8 p and can now buy under 3 p if I wish rather than holding on while they shrink before my eyes. That is common sense not glass half empty. Holding on like a fool is glass half full. Good luck with that! There are a little group here that really want to suspend common sense.
Rob, you admit that i got this one right so far, you would rather be wrong ?? Fair enough.
My glass is full of $4.5 k Bitcoin solana and Mstr. I don’t currently want to fill my glass with Omi but will add gradually on the current drop.
Silly moo, basically I buy when I think it makes sense. We have dropped 25% in the last month and we know to expect another 25% haircut when the inevitable placing drops. Not in the habit of deliberately trying to wave goodbye to 50% lol! I am buying in what I hope is going to be the next leg of the Bitcoin run over the next 3-4 months or so. Of course could be mistaken but my Bitcoin chart for last 5 years looking a bit stronger than Omi. No I am not dumb enough to think that posting negatively will give me a lower but price, bod will most likely achieve that. Yes it is a gamble what rns is coming. If it is good news and I have to pay higher then maybe I will . Probably will add after placing if my expectations become fact. I am quite chilled with any result. I am not saying to anyone not to buy. Just stating what should be obvious, up to everybody how they view risks , and good luck to anyone buying now. Much better than at 5 p when certain little monkeys were stating we wouldn’t see 4s again !