- Joined
- 27 April 2006
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- 4
Taking profits from a stock once its run ie 100%+ is one thing, buying and selling a few days later for what a 10% profit? is another,
Like you said your trading it, I used to do this, but realied I can make a sh-it load more investing, ie finding a very undervalued story based on fundamental analysis, taking a good position based on tech analysis and waiting for the re-rating
Each to their own I guess
All very good points YT but tecnically the stock is going sideways, even downwards at the moment with no real breakout signal yet, there will be plenty of time to get in on this one once we see a real spike in vol & price.
There also a Gold Coast based company where CDU is based
One thing for sure I'll be back in on this one!!
spike in volume, lol what more did you want from yesterday, anyway obviously a lot more interest generated in this one, like YT says get on early get maximum exposure when a stock is re-rated.
jumping on and off again for 10% swings either way is good on if your trading with 250 k at a time. if not get in wait and double up!
Yes we do need a real spike in vol when yesterday @25% of the vol came from 2 PEOPLE. I sold 500 k and somebody came over the top of me and dumped 1500k
And that's just on Kodu isn't YT?
They have quite a few other projects in PNG with some pretty good initial results. Would be interesting to see a potential $$ figure on these on top of Kodu.
Interesting question prawn. You need a trading plan of some sorts don't you? Do you buy for a 20% gain? Do you buy then impliment a trailing stop after 20% gain? Do you wait till stocks gone up 100% then sell half, or a third? Do you sell on TA targets? Do you have a valuation based on NPV and sell when stock gets close to price? Are you a Buffett and never sell? Or, do you read Van Tharp and do as he says? LOL. There are many different reasons to buy and sell, and in the end you need to find out what works for you. For me, it's a variety of all the above depending, on the stock. For FNT, I'll be selling half around 16 cents, then if breaks through I'll buy double, and then whatever the case, re-evaluate. Good luck.I have only just recently bought into this stock. Could someone please inform me what dates the announcements will be coming out?
What kind of holding are ppl doing with this. Trading, s/t, l/t etc? Just interested in gaining opinions as i think i'll be holding for a few years, if everything goes according to plan!
prawn, sorry, I did not mean to say that I thought it would slide. I'm saying that I have no idea where it's going tomorrow. I was being a bit sarcastic, or maybe facetious. No predictions from me on this, or just about anything else actually. Best summarise what's been said and make your own mind up.thankyou for the info.
firstly, why do you think it may slide tomorrow?
Current JORC is 108Mt@0.5% CuEquiv
Scoping study, using a $2.80 Copper price and a $640 Gold price (USD)
120Mt deposit @ 0.5% Cu Equiv would have an NPV of $500m USD = $625m AUD = about $3 a share FNT
A 200Mt deposit @ 0.5% Cu Equiv had an NPV of $1 Billion USD = $1.25Billion AUD = $6 a share FNT
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