Australian (ASX) Stock Market Forum

How to find good shares in the market?

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1) First, the price of the share will go up soon
2) at least, the company wont close soon, then you can sell it without a big lose.

any tricks? :)
 
Re: how to find good shares in the market.

1) First, the price of the share will go up soon

No way to predict this with anything in my opinion. In the short term share price movements can be fairly random, long term however is a different story.

2) at least, the company wont close soon, then you can sell it without a big lose.

This is a little easier, look for; low debt, solid assets owned, a long history of profits and dividends, solid cash flow, shareholder friendly management...
 
Re: how to find good shares in the market.

I agree with Robusta in that you cannot possibly know what going to happen next, but you can jump on a trend after a consolidation period. As traders we just want a place to quantify the risk. We don't need to be right all the time, 50% of the time will still be profitable if your winning traders are at least twice as big as your losing trades...
 
1) First, the price of the share will go up soon
2) at least, the company wont close soon, then you can sell it without a big lose.

any tricks? :)

Have a look at pra, big copper discovery released yesterday. Went up 65% has retraced today, plenty of potential.
 
1) First, the price of the share will go up soon
2) at least, the company wont close soon, then you can sell it without a big lose.

any tricks? :)

haha... Yea, i know a few that will double in a few months... just pay me a few bucks subscriptions.

Seriously though, look for good strong companies with little or no debt, selling at no more than 12 to 15 times its earnings.

Price is easy enough, trick is to work out the earnings... to lower the P to that E the better.
 
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