is that a news coming out , page-30

Hi Mini,

This is a bit O/T.

Playing with borrowed money and as a newbie to both speculating and hotcopper, my head spins.

Sorry!!!

What is your risk management plan?


I still consider myself an apprentice after 23 years of investing in the sharemarket.

One day i hope to get my wings. LOL!!!

I hope you have researched this company completely including reading and then re-reading all the announcements.

If you have, then that will help to alleviate any concerns you may have.

Compare your timeline of Interest Payments due from your borrowing to expected announcement timeline with KAL.

Your most critical factor is how much time you have to absorb any short term fluctuation before having to make your next repayment.

For what its worth, I bought into these initially, first with a dabble and then increased my holding a bit more as i became more confident in the resource - management team and so forth. I will sit and wait till after the Mark Sampson Powerpoint presentation and see what the short term and long term objectives are after the AGM. I will then make a decision based on further exposure to the next leg up.

I have already factored in Stop Losses at certain points.

If i lose confidence in management or feel that they haven't got their act completely together i will sell out and move on. Otherwise i will continue to hold them and accumulate in the dips. I combine some basic T/A with F/A
including risk.

We each have our own reasons and timeline for buying a share. Unless you are good at T/A, i would suggest putting down on paper a few scenarios "What if".

Mini, i am an investor because i love it.
I have lost heaps because of my early ignorance and the sheer stress at daytrading. If everything is not in order including your own personal family and situations it adds an even greater amount of stress.

I saw FDL yesterday go from 120% upwards.
Why didn't i take the risk?

As Martis so rightly says.

"Know Thyself"

A never truer word spoken.

If you want to trade, then read books - sort out the Hotcopperites who can only put one sentence together.
Throw them all on ignore.

The ones you see over a period of time who are consistent
and not trying to set people up, "Add them to your favourites". However, a good test is to view past posts of them. There are some fantastic knowledgeable posters on HC and there are heaps of scalpers who would sell your grandmother if there was a quid to be made.

I hadn't planned on writing an exposition.

LOL!!!

However, the quickest learning curve is to lose most of your capital. From that you will either sink or swim.

All the best with it.

I hope you do well.

Cheers markco2