a great time to sell, page-23

pengui

I will take my CGT discount as well. I bought these shares on Monday and sold today with a fantastic return. I will buy again. If the price shoots I will sell. But if there is a gradual rise then I will hold. Every share generally goes through a period of shooting and then dropping and then if the share is good it will gradually rise. It is better to trade the shooting period so to speak and then gradually capture the slow and stead rise for the CGT discount.

If you bought this share at say anything less than 10 cents then it is point less playing my game. You are better off holding.

It is all about risk and returns. I have to make up for not buying at 10 cents or so. So I have to be more aggressive. If you bought at less than 10 cents it is smooth sailing for you.

I think all you people are misunderstanding my points here.