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03-04-2014, 05:38 PM
#2971
I think he might be pulling one of your many legs Moosie.
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03-04-2014, 05:40 PM
#2972
Liquidity is always important for a quick getaway
Originally Posted by see weed
Same here, wow finally out in the nick of time, have sold 94% of my holding which leaves me with about 21000 shares. It has taken 4 weeks to sell down........25 transactions, $10,077.75c loss, $750 fees and a $3514 profit on some trades. Total loss plus fees=$7,313.75c. Ye ha..what a ride, this is better than Disney Land. Whats the next one to take off? can't wait....am loving these rides . Lucky it's all tax deductable .
The implication here is that you had about 350,000 shares and that you sold them, on average, in 13,000 shares per trade at say $1,500 ago (plus the $30 brokerage).
Why so many tiny trades?
I would have have gone for no more than 6 trades and probably 4.
Best Wishes
Paper Tiger
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03-04-2014, 06:31 PM
#2973
This company better be going out of business for you to book that loss
I assume you don't believe in this company to take a hit like that
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03-04-2014, 11:06 PM
#2974
Originally Posted by Paper Tiger
The implication here is that you had about 350,000 shares and that you sold them, on average, in 13,000 shares per trade at say $1,500 ago (plus the $30 brokerage).
Why so many tiny trades?
I would have have gone for no more than 6 trades and probably 4.
Best Wishes
Paper Tiger
Pretty close. I did 19 buys on different days, and did 7 sells....eg...bought 32,000 one day, 21,000 three days later and 40,000 fiftytwo days later.....which is 93,000. And sold that block of 93,000 shares in one go. The blocks sold were all different amounts from 47,000 to 93,000. But you are right , i did buy some small amounts in the range of 10,000 to 20,000 but it's all good , will try and buy bigger amounts next time. .... If there is a next time?
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03-04-2014, 11:18 PM
#2975
Originally Posted by Schrodinger
This company better be going out of business for you to book that loss
I assume you don't believe in this company to take a hit like that
They would not pay me a special 1c dividend i asked for weeks ago, it would only cost them about $2.6 mil. And what a boost it would have been to the share price.
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11-04-2014, 08:31 AM
#2976
http://www.voxy.co.nz/business/buzzs...ption/5/187078
Snakers will be lining up to hear their Chairman Derek speak?
Meanwhile, who will support a capital raising to keep his Team B vision thingy, Snakk, going beyond the cash burn period?
Last edited by Balance; 11-04-2014 at 08:37 AM.
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11-04-2014, 09:17 AM
#2977
Originally Posted by moosie_900
Better be considering keeping profitable business model if the markets keep tanking and funding dries up fast. Loose and easy money ain't going to be so loose and easy in a years time. Doesn't help that investors are aware of their shafting technique either, and that big holders are still looking for the exit...
Get a copy of the latest shareholders' list - tells you a lot.
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14-04-2014, 08:57 AM
#2978
Originally Posted by moosie_900
Been updated again? Could you link please so others can read as well? Cheers
More shares sold by management.
I cannot figure out why there's no disclosure.
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14-04-2014, 03:30 PM
#2979
Originally Posted by snapiti
DOES there need to be a disclosure on the secondary markets.
Shudder is that's what the NZAX is about!
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14-04-2014, 03:38 PM
#2980
and to think i picked this in the competeition lol , lucky i dont invest like this ill be broke
one step ahead of the herd
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