I could have bought at 3.9cents on friday, but tried to push for 3.8 and missed out before it went into a trading halt. Bought at 5.3cents today and it's been down to 4.7 since. So instead of being about 50% up, I'm making a loss.
It's a cruel game.
In my view all will be fine, a bit of profit taking being met with unprecedented buying, this is a mob that was a dog, whole new board etc now, in fact not the same company. Name change to be approved later in the week, a coal drill test to come out shortly and the annual meeting late this week.
In my measurement of this stock this is just the ringing of the bell for the game to start.
JMHO, have been wrong many times. DYOR
I certainly see the logic in what you're saying, and I agree there would appear to be good times ahead.
I guess it's hard to look at the big picture though when you see that big % you could have made in one days trading just by making slightly different decisions!
All good
And I will be doing just that. Do you have any predictions on where you think the SP will go in the near future?
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.