ASC adultshop.com limited

This stock is like a YO-Yo but I think this will break its...

  1. 48 Posts.
    This stock is like a YO-Yo but I think
    this will break its resistance.

    As for trust. Who Can you trust these
    days. Go for the so called blue chips
    they will tell you the truth. Aka NAB,
    AMP etc.

    Follow my number 1 rule dont trust any
    of them. Trust the market. Thats you
    punters out there. You make the price
    not the instos. My 11 year old daughter
    has a better record stockpicking.

    Thaths the easy part knowing which stock,
    the hard part is knowing when to get out.

    Adultshop is being rerated according to
    its results the last 12 months. It has
    $14+m in bank no debt. Credit card
    problems are resolved and they have a
    mission. To sell sex in "Westfield" and
    I for one applaud them for sticking to
    the basics. Working their clacker off to
    achieve this turnaround.

    I anticipate an EBIT of $2-$3 mill this
    half. And for this reason alone should
    be worth min 20c.



 
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