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29/03/18
16:48
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Originally posted by grarmy
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I owe you a bottle of red. If I can get an address from you, I will send it.
At a time of similar pull back like today a few months ago the SP fell back to $10.56. I was, and still am, holding a bunch of shares purchased about one month before the horror of 2016/17. Testing times. You were confident that the SP would go back to $11 in the week following. In a fit of great zeal, using the overdraft, I backed your judgement in one of those rush to the blood, get in, get out, make $500 moments. The shares dropped to $10.26. I held. You remained positive. The next week the SP went to about $14. I got out $3.5k ahead.
I write this from the balcony of a luxury hotel overlooking the clean blue waters of Koh Samui where I am spending a chunk of that change. I am confident that when we get the CFDA, I am going to have another helluva happy ending.
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No so happy news the last couple of days. Down over 8% today. I can't see it reaching $30 next week. Maybe next year!