Hi Redgum,
I had been following a long-term investment strategy with SMN for years, and it finally yielded over 2000% gains. This strategy was flawed and built on a naive belief from management, so when it hit $3.00, I couldn't find a reason not to sell; who wouldn't think about cashing out, right? , at over 2000% profit. But here's the kicker: I made that decision while chilling in Antarctica! There I was, bundled up in 9 layers of clothing , getting end-of-day (EOD) data through an Iridium satellite phone $$$, surrounded by penguins, analysing stock charts in the freezing cold. It's like the world's weirdest finance comedy: "Brokers (penguins) and Icebergs."
Why not boast of making a small fortune while battling the freezing cold and trying not to turn into a human popsicle? It's a unique experience that only a few can relate to.
The buying under 35 and resistances 39/40 are solid. The price has yet to break 50 sma, but we're on the right track.
Redgum, Although I still hold a large number of SMN shares, it's not a priority apart from monitoring my risk and the odd post to stir some shit. There are so many opportunities in the markets, so why get caught up in just SMN? I hope for us all we will see decent returns this yr.
I'm back trading Dax for $40 AUD per point. Last week, I made over 150 points and gave back about 70 through poor trade management. Hopefully, I have fixed all that. I'm entering in the first 90 minutes and hopefully out with 3 hours. Stop 30.
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Last
68.0¢ |
Change
-0.030(4.23%) |
Mkt cap ! $93.40M |
Open | High | Low | Value | Volume |
71.0¢ | 71.0¢ | 67.0¢ | $17.20K | 25.09K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15757 | 68.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.0¢ | 11084 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15757 | 0.680 |
1 | 5000 | 0.675 |
2 | 30666 | 0.665 |
2 | 44972 | 0.660 |
2 | 15500 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 11084 | 1 |
0.715 | 12121 | 1 |
0.720 | 24473 | 2 |
0.730 | 13487 | 1 |
0.735 | 87143 | 2 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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SMN (ASX) Chart |