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Garpal Gumnut

Ross Island Hotel
Joined
2 January 2006
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This is my dog Garpaldog, He listed back in 2003 and pays dividends daily. There have been no issues or splits, as he lost two major assets when his price rose too frequently back in 2005.

Nonetheless he performs well.

He has sunk a few holes, runs with the balls and will hopefully perform well in 2008.

gg
 

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Bendigo Gold. The chart says it all
 

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I had CDR for a while there ..
fortunately pulled the plug before it completely collapsed.
I believe ASReport recommended them - moral of the story, make your own decisions
 

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My dog of the year is an unlisted stock. Permodrive. Should have been a good one and listed by now but they gave their patents away by associating with an American company which has gone down the gurgler. Shares went from a value of approximately $1.80 to an estimated 1.5c. To keep them solvent Hawksbridge have lent funds, have taken a mortgage on everything and received heaps of options at around the 1c mark. Hawksbridge will probably get the company back on it's feet and listed. They only have to make their shares worth 2 to 3c for it to be profitable for them but there are a lot of local retirees who invested their super etc in this one who will miss out.
The moral of the story, "Invest only in listed stocks" . At least they can be sold quickly if you have a problem.
 
BDG: Purchased at $1.73 about 2 years ago - Ouch

I still have faith in the mines, just not the SP.

 
BKN.
Held it for about 10 weeks.
Steadily rose ~30% during that time
Then dropped 40% in 1 day
 
Fun"fuc#^@g"tastic. (FUN)

Bought a small parcel when it bounced from $1-18 to $1-28 down from about twice that, figured it imports most of its product to sell in Australia and with the soaring $A, it may have been well overdone.

How wrong i was it tanked on a profit downgrade a few days later and is now about 50% down on my purchase price.

Still hold but at least its only a small amount.
 
ZGM might go close.......

then there's the 'promised but didn't get there on time frame' dogs - a whole nother category!!

There's going to be dogs every year in the spec sector - and there's going to be specs that do 1000% and more, or very large numbers.

Secret is to get out of the dogs quickly when they turn down and leave your money running in the good risers.
Sounds simple - just needs discipline, and you'll lift your bottom lines dramatically.....

Good trading/ investing in 2008 all...
 
I have some Funtastic too, $1.4 -> 65c
In terms of lost per days held, it'd have to be Citibank, I brought it in October as it started to fall, $46.64 -> $29.10
 
SIP Sigma was my real dog of the year.

And unfortunately I saw it coming but made the mistake of not trusting my charts.

gg
 
As I only started trading this year, and went too high risk with nil knowledge, I still hold a lot of dogs (will be taking some emotional pain shortly though), but my best dog is
SSI (bought at $2.62 and now $1). They are into legalised gambling in Shanghai. Perhaps the illegal stuff is so much better......
 
CEO - C@ - tried to bring together optometry practices under a business model, alas they tried too hard too soon, ran out of money and the plan fell apart. still trading, changed management, did a rights issue last year which theyve hardly spent, and rumoured to resurface one day as a probably a miner or something.

i bought the options which expire in 3 months.

i think i'll let them....i'll need the loss anyway lol.
 
Bendigo and Bradken (sold for a profit but a huge 'paper' loss). Does that count SIP may have been but unlike Garpal, I trusted the charts and sold! Bradken - well, that was totally out of the blue and nothing could have prepared anyone for what happened on that 1 day!
 
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