I used to have a lot to say here years ago but lately I've mostly just watched.
I remember well the days when our two resident clowns Prosperity and Star Plus (aka Ash Kumar)
were at their heights of madness. Ash would down ramp everything that happened and Prosperity, as
he does today, would switch from pro-management to anti-management over things as unimportant
as reports on the quality of the biscuits at the AGMs. Prosperity is possibly he most demonstrably
bi-polar person I've ever known. Ironically, one of the standard cures for bi-polarism is a chemical we
have now in abundance.
It's called lithium. He should look into it. Having said that, Prosperity is still a lot of fun.
I bought into CXO over 7 years ago, dipping my toes in to the tune of about $1500. I had this grand
plan to cease my 2-yearly overseas 3-month vacations (USA and Canada) and instead put the cash
earmarked for those vacations into the market. That cash would hopefully both give me the thrill of
the chase in terms of watching penny stocks live or die hard and fast with my "spare cash" on board
and also give me a real shot at adding substantially to my retirement savings, should I select wisely.
Over the years I added more and more to the 15 or so companies I chose along the way. Some died
terrible deaths, while others teased me and tempted me into reaching deeper into my pockets. It came
down to the point where I now have 3 companies I am heavily committed to and a small gaggle of
lesser investments. I have invested around 120k give or take including $20,400 in CXO and $28,000
in SMN. Up til about 6 weeks ago I was in the red to the tune of about 40k, but unconcerned as this
was all spare money I would've pi$$ed up against the wall in 3 trips overseas anyway. Honestly my
stress was minimal.... I was (and am) still having fun preparing my positions in "the right stocks" for
my retirement.
Today my retirement (unforced, soon to be welcome and non-pension supported) will become fact. In
a magnificent example of timing, 6 weeks ago my second-largest investment (CXO) started the fabled
"lift off" we have all joked about for years, and actually started to power away from the likes of both
Ash Kumar and Prosperity leaving them in our wake. **waves**
Who says 2020 was all bad? Not I.
I believe that SMN and DRE, my other majors for the future will soon follow suit. (Just my opinion - so
DYOR) but I have the overwhelming opinion that the special days have begun. The days when all of us
who have stuck by this company through thick and thin over the years and laughed at the nay-sayers
will finally be rewarded with our dreams realised. We can finally go to the wife or partner with our "I told
you sos" and watch their faces as we explain how, in my case, I not only doubled my $20,400 over a
6-week period, but then added a further $50,000 in just 3 trading days with more to come.
These days are life-changing.... and hell these days are FUN! To those of you who, unlike myself, have
felt the stress that goes with funding a dream with money you probably shouldn't have risked (but did so
anyway) I'm so very happy for you. Don't be overly greedy.... cash some and let some free ride. To those
of you who have no such worries.... settle in for the ride, and I believe this ride has barely started. To the
long-termers who sadly jumped ship just before she sailed.... my heart goes out to you. Much respect at
the grace you've all shown despite lost opportunity. These people are the heart and soul of our small
community here. We feel for you.
To those who have supported this site and been invaluable sources of information and advice (DYOR) I
want to thank you for guiding us unselfishly forward towards our dreams by continually providing the
mountains of logical common-sense analysis that we all craved. I won't name names as the gathered
throng will well know the contributors I speak of. You guys are THE BEST and I thank you for helping us
all towards a brighter future.
Having said that, I'd just like to say that its been a pleasure getting to know (most of) you and I've had a
ball. May it long continue.
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Last
9.3¢ |
Change
0.001(1.09%) |
Mkt cap ! $198.7M |
Open | High | Low | Value | Volume |
9.4¢ | 9.6¢ | 9.3¢ | $671.3K | 7.136M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 991746 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 164458 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 791746 | 0.093 |
19 | 2056684 | 0.092 |
28 | 1746817 | 0.091 |
60 | 3272038 | 0.090 |
13 | 967806 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 110558 | 2 |
0.095 | 77103 | 5 |
0.096 | 413777 | 7 |
0.097 | 941342 | 8 |
0.098 | 793687 | 10 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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CXO (ASX) Chart |