BP, I was told that there wouldn't be any share movement until the first results were released/known and with todays movement the upcoming results must be known by insiders hence the todays movements = LEAKY BOAT, not good imo !!
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I am not surprised (still not even that close to Craig's price target)... when this listed, at an unusually low price (very close to the bottom end), with seemingly high demand, there was alot of skepticism from many on here (ironically some of them, now, hold) ... the whole PE thing (even though it wasn't a PE listing really), housing market slowing down, apparently unrealistic targets, the terrible top heavy management, the apparent wages debacle, even the 'industry insiders' on this thread didn't like it (like when ARV listed, and probably to busy buying sum other shares at $5.40), among many other things...
Here we are today barely 2 months on from OCA's listing day... how things have changed:t_up:
[sum other companies are trading 10% lower, while OCA is trading 10% higher]
Disclosure: happy holding since IPO day at 82 cents
I was all lined up to buy either these at $0.86 a pop or PPH at $1.65 ago last week and then unexpected circumstances got in the way.
Either way I would have done OK in the short-term.
So the $10,000 question is does $0.91 represent a safe entry point into this?
I will be at my abacus for the rest of the day trying to answer that one!
Best Wishes
Paper Tiger
Yeah I jumped on board at listing for 0.82, also wanted to top up last week for 0.86, cleared some funds but then left it a little too late.
Was trying to decide on topping up on OCA or SUM, ended up missing the opportunity for both.
Never too late if you know what to believe in