BIN 0.00% $3.44 bingo industries limited

Ann: Bingo Market Update and FY19 Outlook, page-196

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  1. 447 Posts.
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    A 49% fall in one day. New 52-week low. Price down circa 33% below the IPO open price back in May 3, 2017. All long-term continuous holders since the first trading day are out of the money.

    Solutions:

    Don't hold through major earnings announcements.

    Max 5 to 10% position size.

    Sell when uptrend trailing stop is hit (e.g. circa $2.60 region back in Oct, 2018).

    Don't hold or buy when the weekly and monthly trend is still down.
    Last edited by Stage-2-Uptrend: 18/02/19
 
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Currently unlisted public company.

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