Outstanding BreakDOWN Alerts!

Re: Outstanding BreakDOWN Alerts!!

I don't have the chart at hand, but it looks like everything at Commander has gone pear shaped...... Even PPT are trying to offload there stake..........

All the way down to 70 cents and below, this was a > $2.00 stock less than a year ago..... talk about a downtrend......

A permanent reminder that news comes in the direction of the trend....

Cheers
Reece

Re: Outstanding BreakDOWN Alerts!!

tech/a said:

Well profits will be down with NSW Horse racing closed down.
Will get worse.
The only sure bet Ive seen for a while.
I'll have a greenback on the nose.

Click to expand...

I haven't tried but I imagine that most of the shortable stock will have been scratched at the barrier... CFD mobs especially don't like you betting to win on one horse races..
Cheers
....Kauri

now i don't 'short' a stock ( except in tipping competitions ) i have on rare occasions 'flipped ' (sold shares i hold to buy back cheaper ) normally to buy in a Share Placement Plan

however SOME companies ( BHP and FMG to name two ) have declared very juicy dividends , so much so they after the ASX when they go-ex-div.

in the FMG case it fell by as much as 11% intra-day with some chance it may drift lower during the week .

so is this a trend i can exploit elsewhere i already have a 'low-ball' order in for extra FMG in case the near-term iron ore prices slide further , and punting FMG will not pay a $2(plus ) div. next half , it will find wiser places to invest the cash )

so can this 'ex-div. plummet' be found elsewhere on the ASX ( in a desirable stock )

i was looking for a lower price for extra EVN but that seems unlikely currently

although WPL is continuing on a downward trend

can fellow long-term investors , find opportunity in these drops ??