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Originally Posted by Joshuatree
Hope youre in the Black blackcap. Always been questions over how they value the plantations. New inde chairman is a huge tick. Big day today s/p jumped to 68.5c (my entry 43c recently) on good vol.
First harvest has begun on a rare substance in high demand for multiple uses.
Cheers Joshuatree, had a look last night in my portfolio and saw my entry price was 78c. So getting close to being in the black. But do not think I will be selling anytime soon. The purchase was a long term view to get exposure to this strange but different industry with great potential. I am waiting for the harvest to come along and see what that brings. I do see the first harvest is expected to be meager but the ones following seem to have better prospects. The presentation was interesting. I wonder if that managed to bump the price up yesterday. Because strangely it has been weak for a few days after the initial euphoria after the announcement of profit.
12.26pm now finally in the black
Last edited by blackcap; 05-09-2013 at 12:26 PM.
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FOMO alright now at 83. this has gone nuts with two huge gains back to back. 2F2F have to stoploss this.
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Originally Posted by Minerbarejet
FOMO alright now at 83. this has gone nuts with two huge gains back to back. 2F2F have to stoploss this.
What the hell is FOMO? Sorry not really up the play with all the acronyms floating around these days. Try not to txt if I can help it.
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Fear Of Missing Out (on first harvest results)
Last edited by Joshuatree; 05-09-2013 at 05:35 PM.
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Sorry, 2F2F too far too fast.
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No need to apologies. Thanks guys. I was having a quiet chuckle trying to work out what they meant to no avail. FOMO, yes agree there is a bit of that. But if ppl had done homework they should have known this before the announcement. The early bird does get the worm in this case.
What do you guys reckon tomorrow... more FOMO our a rational pullback?
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Originally Posted by blackcap
No need to apologies. Thanks guys. I was having a quiet chuckle trying to work out what they meant to no avail. FOMO, yes agree there is a bit of that. But if ppl had done homework they should have known this before the announcement. The early bird does get the worm in this case.
What do you guys reckon tomorrow... more FOMO our a rational pullback?
hopefully more fomo but stoplossed in case rationality takes over
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