KAR 2.06% $1.74 karoon energy ltd

technicals look superb, page-77

  1. 323 Posts.
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    Cato...

    Great enthusiasm to try explain to yourself and everyone your beliefs...

    These days, shares can be gambled using CFDs...if someone wants to short the share, it won't be hard...and vice versa.

    There will always be supply and demand on a share; whether out of personal belief/sentiment/stability, etc...

    Whilst I agree that KAR has good prospects, it is still a LONG way away from production. So it remains, in my view, a "speculative stock" - but one with some achievements.

    I feel for all shareholders who have bought on highs and then buy again with the intention of dilution...but there are heaps of ways to make money and win in the stockmarket...My belief is that you need to go with the flow...Hopefully I am making sense.

    Now back to KAR, I like it very much, hence have left a very small share parcel to play...This comes after I entered at $5 and bought more to dilute my overall SP...Lucky I felt the wind blow this morning and sold most of KAR today to recoup a large chunk of my money to play elsewhere.




 
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