Short Term Trading Thread: Week Starting 13 Nov, page-269

  1. 22,120 Posts.
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    You rang?

    Hardly posting these days here for a few reasons but main one being my style is to find unloved stocks at their lows and then to buy in early and cheap and share research where everyone has a chance to pick up a bargain

    Problem is when you buy an unloved stock that's cheap it comes with a heap of baggage usually in the form of disgruntled shareholders

    Take PNN as an example few weeks/months back that was a no brainer buy for me at its lows around the lows 1s given its price history as well as its Mkt Cap compared to peers

    So I buy and post some research why I think the stock is cheap and then I wait for what I see as the inevitable rerating

    Problem was more and more I'd get trolled by some angry disgruntled shareholder and end up wasting time arguing with them on the threads so after a few more of those incidents I finally decided enough was enough I'm not here to lecture people but to make money and so my time is better spent doing research rather than arguing
    Plenty of arguing initially on PNN but hasn't changed the fact that as usual buying the lows has given a few bags retrun, 4-5 bags in this case

    You mention Fib Anton and in my mind he was put simply the best stock picker I've seen so far
    The guy picked so many 10 20 50 and even the mythical 100 Baggers but even he had enough

    If the market frenzy slows down you may see me here or on the XSO thread but not sure I'm going to bother posting on individual stocks any more because it's just no longer enjoyable and really apart from ego of being able to say I was right the enjoyment was the only other thing about it
 
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