BOE 0.58% $3.49 boss energy ltd

I don't think anyone can make a fortune from the SP allocation....

  1. 5,165 Posts.
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    I don't think anyone can make a fortune from the SP allocation. The U price is rising so its not a bad stock to have whilst this upward trend continues. A $1000 profit or two here and there does not hurt does it. The way to have made money on this is for people to buy about 100K when it was a few cents. Those days are gone and I have not made such big money for a long time. I just chip away and have a reasonable positive edge at doing it. Unless someone can tap me on the shoulder and give me a convincing reason to buy big (generally insiders) I don't risk more than 30K on any given trade. This in fact was an exception. I cap out at around 20K
 
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