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Online Share Trading

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AGL

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theyoungster
Super Contributor
when will the pain stop???....hahaha
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7 REPLIES 7
Not applicable
Just after you close out all your long positions. And it will bounce back so quickly you'll never get back to the funds you had before the drop.
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Not applicable
Yes, WHEN!! LN, if I remember correctly, you are also packed into AGL. What is your take?
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Not applicable
SOLD out markets gonna be bad for the next couple of weeks will get in at the end of feb
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Day_Trader
Regular Contributor
AGL is EXTREMELY oversold at the moment... Bound to bounce back to 40000c quickly! AGLSBI is your answer...
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SimonPB
Valued Contributor
aglsbi is not a good pick, warrants below 20c are best left to themselves, certainly they should never be bought.
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Day_Trader
Regular Contributor
Hmm - maybe so but from 8c to say 12c is a 50% return in one week... Besides it is still 5 months away from expiry. Less risky but also with less return is AGLSBM...
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SimonPB
Valued Contributor
day trader, no, no and no. It is cheap (in cents) because it is a nasty warrant. It is well O-T-M and as such has low delta and high tiem decay. I've been trading warrants for over 10 years, nearly every time a warrant goes below 10c it ends worthless. Sure there are exceptions - but they are few and far between.
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