Ahhh Johny, I read your posts, both here and on MNS and I think what a fool...but for the benefit of the other posters I'll elaborate;
of course I know this is a speculative stock and anyone investing in these kind of low cap stocks should be prepared to loose it all,
but if you can manage to pick a winner only once every 2-3 years you'll do very well
I also should clarify that KNL has the majority of my low cap allocated funds only.
In regards to stop losses it's a bit ticky once you get to a certain amount that you hold especially with the low cap stocks that can be easily manipulated +/- 15% daily on low volume by various interested parties, so what has worked for me in the past (in regards to high risk/ high return stocks) is I start out each year and invest small amount in a few different stocks that I like and as the year progresses depending and various company announcement either sell or increase my holding if I believe it has potential, as long as you stick to the facts that are known and are realistic and try to avoid statement like "we'll be in production by 2nd qrt 2015" & "Producing 200kt a year" kind of hallucinating posts I have read on your favorite stock, (no offence intended on all the genuine posters over at MNS)
So nothing sophisticated but works well for me.
- Forums
- ASX - By Stock
- EGR
- Looking to dip my toes in
Looking to dip my toes in, page-17
-
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGR (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $45.40M |
Open | High | Low | Value | Volume |
9.7¢ | 10.0¢ | 9.7¢ | $45.27K | 457.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13000 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 19285 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13000 | 0.096 |
2 | 29026 | 0.095 |
1 | 470 | 0.094 |
1 | 14000 | 0.092 |
1 | 11125 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 19285 | 2 |
0.105 | 8000 | 1 |
0.110 | 68412 | 3 |
0.115 | 27500 | 3 |
0.120 | 102079 | 2 |
Last trade - 14.45pm 14/08/2024 (20 minute delay) ? |
Featured News
EGR (ASX) Chart |