Schlomo,
it's down 21.43% in London even though the FTSE100 is putting on 1.47%
The Nickel price seems to have bottomed out for now, but another 10% off and ALB's main mine will no longer be viable. Futures seem to predict a rise.
But I can't sit around and watch the portfolio dive. I've been sell-buying on a daily basis, sell in the morning, buy at the daily bottom. But the overnight falls have become too severe.
The sell-buy is a good move if you think the price is falling. You can rebuy at the bottom and pocket the difference or increase your holding for free :)
I'm never THAT sure, so I sell-buy (speculate) on half my holding and that has been a saving grace during the downturn.
But I have long since run out of investment funds so I'll just watch for a while and go back in when the bottom is finally reached.
Robert
PS DOW futures up (Lateline Business)
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5.7¢ |
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Mkt cap ! $3.720M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9803 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9803 | 0.051 |
1 | 379817 | 0.050 |
1 | 200000 | 0.040 |
1 | 38499 | 0.026 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 20000 | 1 |
0.059 | 120000 | 1 |
0.065 | 26667 | 1 |
0.077 | 24875 | 1 |
0.079 | 38053 | 2 |
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