A newbie at this

CartmanR · 9 December 2006

I'm very very naive in the share market area. So much so I extended myself a couple of years ago and bought Multiemedia shares at 94c. A disaster.

I have had a look at Borat's question and the answers, and I don't understand, my question is: In layman's terms how do you know what to buy and when to get out? For example I now have shares in Peppinini and it's gone as high as 1.37, but now 1.14. I have just over 8,000 shares ranging in price from 39c to $1.22. There's rumours it will go far higher.

Any suggestions would be appreciated.

rederob · 9 December 2006

Re: A Newby at this

CartmanR said:
I'm very very naive in the share market area. So much so I extended myself a couple of years ago and bought Multiemedia shares at 94c. A disaster.

I have had a look at Borat's question and the answers, and I don't understand, my question is: In layman's terms how do you know what to buy and when to get out? For example I now have shares in Peppinini and it's gone as high as 1.37, but now 1.14. I have just over 8,000 shares ranging in price from 39c to $1.22. There's rumours it will go far higher.

Any suggestions would be appreciated.

Cartman
If you do anything at all, have an idea what you want to achieve.
The stock market is no different.
If you are only buying one stock, and no other, it would be an idea to have a stop loss on it so you did not repeat your Multiemedia mistake.
Without having a plan, or a strategy, for investing you may do better at the race track.
Lots of other threads here that will help you, but learn to help yourself first.
Good luck!

yogi-in-oz · 9 December 2006

Re: A Newby at this

..... and if you think, that you may want to develop
your own trading plan, Cartman ... here's a link to
a free download. It may help you to address some
of the issues that confront us all, as traders:

Develop your own trading plan .....

happy trading

yogi

=====

stevo · 9 December 2006

There's rumours it will go far higher.

Is the dot.com boom that long ago that we have already forgotten the "value" of rumours?

Stevo

CartmanR · 10 December 2006

Thanks, I'll try and do some research myself. By the way I forgot to put the decimal place in the 94 it was actually 9.4c.

First thing I'll do is find out what a stop loss is.

A newbie at this

CartmanR

rederob

yogi-in-oz

stevo

CartmanR

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