Any chance of a takeover??, page-12

First 12 Last

Share
Profile

Follow
TopGun1

12,702 Posts.

2584

14/04/19

17:17

Post #: 38133760
Share

Originally posted by Paydirt7 ↑

bahar; most on here share your enthusiasm but the only 2 certainties in life I know of which are death & taxes. I for one have traded this stock a number of times and thru that action can buy 100K+ of shares at current prices for free. IE from trading profits. Lets say a trader purchased 500K of shares at 20c then took profit at 40c they would have made $100K in profit less tax (if applicable or used profit to write off losses elsewhere) So that trader has turned $100K investment into $200K, cash.

Now the buy & hold investor who purchased 500K of shares at 20c saw their investment soar to $200K in value on paper then fall to $137,500 in value at one stage. They have left a lot of money on the table with NO GUARANTEE the price will appreciate.

Many traders on HC got caught with battery stocks, me included that saw huge gains disappear in a flash. My style is to keep some stock in the bottom draw and trade a portion as well. Everyone to their own method. Everyone should write down a trading plan and stick to it. That means set goals for profit taking and stop losses. I wont let a stock run into serious losses these days especially on spec stocks which LCK still is.

I am VERY optimistic about LCK but keep my eyes glued for what might pop out of left field. Dont invest what you cant afford to lose.

Expand

@Paydirt7
Can you message me through twitter?

LCK Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

First 12 Last

Add NRZ (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $8.724M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Any chance of a takeover??, page-12

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Featured News

Any chance of a takeover??, page-12

Top Stories

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Featured News