Australia's largest stock trading and investment forum Australia's #1 stock forum

POS

Click for more information

16.7%

0.4¢ poseidon nickel limited

share price, page-47

First 47 Last

Share
Profile

Follow
Douglas7

1,041 Posts.

3

09/05/17

18:21

Post #: 24577419
Share

Originally posted by Croc16 ↑

Noor444,
I can sympathise at the loss you are experiencing. Between my wife and I, on paper, we are down over 200 grand in POS However, I still have faith that POS will improve and eventually put us into profit. We are holding, and have been aquiring POS on the way down, but not risking more than we are prepared to lose. There is another holding of ours that dropped to 1.5 cents. It recovered and is now sitting at 20 cents, and likely to climb higher. Any investment in stocks has risk. The only advice I can offer is to research research research. Check the company, the market it will meet, the demand for the products/ services, the supply already available, and perhaps the most important, the management's ability to build the company, amongst other things. These are lessons we learnt the hard way, with a couple of regretful investments that I would rather forget. The advice to keep food on the table and to get rid of the mortgage, is sound. I hope that the remainder of your holding helps to recoup the loss you have taken.

Expand

Geez Croc, 200k and averaging down!
Out of curiosity what is your average and how long has this fiasco been dragging on for?

POS Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

There are more pages in this discussion • 146 more messages in this thread...

First 47 Last

Add POS (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.001(16.7%)		Mkt cap ! $14.63M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.3¢	$1.2K	321.4K

Buyers (Bids)

No.	Vol.	Price($)
110	83593744	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	48523605	40

View Market Depth

No.	Vol.	Price($)
110	83593744	0.003
35	48754236	0.002
17	45412753	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	48523605	40
0.005	39333412	22
0.006	8789000	11
0.007	8892776	10
0.008	1800000	1

Last trade - 15.40pm 17/09/2024 (20 minute delay)

POS (ASX) Chart