RRS 0.00% 0.1¢ range resources limited

rrso: options poll, page-18

  1. 454 Posts.
    Batm,

    Without giving too much detail I combine the following when making a decision:

    1. Do they have enough cash in the bank for at least the next 6 months without the need to raise money ?

    2. What is the market cap ? Is it undervalued based on the potential of projects ?

    3. What is the market sentiment/mood of a stock (short term). This is what I use HC for. I have made a bucket load of cash in the last 6 months with stocks such as ADY, MRX, FNT, RMS and MPO to name a few buying and selling on a regular basis. HC has helped me identify these stocks as potential buys. I spend hours each day on HC and for me it works.

    4. I look at moving market depth on a minute by minute basis and look for obvious gaps.

    5. My main skill set is picking the intraday highs and lows of a stock and trading within the range. A 2 cent swing on a stock like ADY on a 100,000 unit purchase is a $2k gain. Not bad for a couple of minutes/hours work I say.

    Good luck with your trades



 
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