Plough I am not really interested in cashflow Or a company that makes money
I not looking to buy a company I just want to show a profit
Would I prefer to buy shares in a company that makes a nice profit Year after year like Telstra Or a company that promises huge returns But never delivers Like LNC
Give me LNC anyday
Has had huge rises in the SP And big falls
I have made good profits from the likes of BBG A real basket case Made money on a lot of companies doing poorly
It is about reading the market and knowing when to buy and when to sell.
That is why I am waiting for the right time to buy gold stocks again
IMO
SAR Price at posting:
22.4¢ Sentiment: None Disclosure: Held
