Today, I finally see a little green in my trading account after a four month in red.
Started trading shares in ASX last August, and easily made a 40% profit thanks BHP sending bidding to RIO.
Everything changed when I began to buy AED at $4.50, $5.00, $3.30 and finally at $2.60 since last December. Still remember the darkest day when AED was traded at $1.03 on 12/2/08. I have lost nearly 70% of my total original investment.
From a 40% profit to 70% loss in two months, it is really a bleeding lesson.
I think quite a lot of HCs here have the same suffering on AED.
Hopefully AED will have a bright future with JV Sinopec.
AED Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held