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29-04-2017, 08:24 AM
#541
Member
Originally Posted by Ogg
It seems fairly valued at 20c.
It does have huge support at 16c and if it can list on the ASX with more liquidity there's upside.
Not that I'll buy it anyway.
...Please, the share price goes up/down 10% when someone just buys $5,000 worth of shares!
Don't touch this one with a 10ft pole!
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29-04-2017, 06:05 PM
#542
Member
That's the issue. Not buying but selling. I'm one of the idiots that swallowed the hype so now stuck with a massive loss of tens of thousands of dollars if I sell.
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29-04-2017, 06:13 PM
#543
Originally Posted by mushroom
That's the issue. Not buying but selling. I'm one of the idiots that swallowed the hype so now stuck with a massive loss of tens of thousands of dollars if I sell.
Were you there from the beginning?
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29-04-2017, 06:15 PM
#544
Originally Posted by mushroom
That's the issue. Not buying but selling. I'm one of the idiots that swallowed the hype so now stuck with a massive loss of tens of thousands of dollars if I sell.
Having sold a few of these Dog stocks over the last couple of years for a loss of a six figured sum in total, sometimes you just have to bite the bullet and exit no matter what it takes, your not an idiot, you were just blinded by unrealistic possibilities at time of purchase.
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29-04-2017, 06:39 PM
#545
Member
I bought a few parcels around the $3 mark.
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29-04-2017, 06:48 PM
#546
Last edited by RupertBear; 29-04-2017 at 06:51 PM.
Reason: Spelling mistake
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29-04-2017, 06:58 PM
#547
Originally Posted by mushroom
That's the issue. Not buying but selling. I'm one of the idiots that swallowed the hype so now stuck with a massive loss of tens of thousands of dollars if I sell.
Oh and if it helps I am the idiot that also own Snakk Media shares!
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29-04-2017, 07:00 PM
#548
Originally Posted by mushroom
I bought a few parcels around the $3 mark.
Originally Posted by RupertBear
Ya poor bugger! I sympathise I bought more than I should have at $2.80 so you are not alone!
Geepers, there were only 5 weeks that the price was even in that range, during the first 13 weeks of listing. Feeling for you now, have you thought of a way to signal when it's time to get out of a loser, like an exit strategy maybe, or stop loss orders, or something? Bit past it though with this one I admit.
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29-04-2017, 07:14 PM
#549
Originally Posted by Baa_Baa
Geepers, there were only 5 weeks that the price was even in that range, during the first 13 weeks of listing. Feeling for you now, have you thought of a way to signal when it's time to get out of a loser, like an exit strategy maybe, or stop loss orders, or something? Bit past it though with this one I admit.
Thank you for your advice. Geo Op was one of my very first share purchases so I was stupid on many levels. I mistakenly belived the buy and hold strategy was the right thing to do. WRONG! I have learned a lot from my mistakes, I cant say I wont make more mistakes but I look at the graphs now and I get out much sooner. I probably jump ship to early now but its better than loosing your limbs!
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29-04-2017, 07:17 PM
#550
Originally Posted by RupertBear
Oh and if it helps I am the idiot that also own Snakk Media shares!
My Dog kennel once contained the following mutts,Snakk/SLI/IQE/TTK/PEB/WYN, didn't own GeoOP but nethertheless an impressive list of mutts every pound would love to have.
Last edited by couta1; 29-04-2017 at 07:56 PM.
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