Hi Roulette
Only been trading a few months now so I don't have a longer term track record.
I have been buying stocks at what appears (to me ) to be all time lows.
For example...Santos at $6.98 a few weeks ago...now $9.10
Fortescue at $1.83 a few weeks ago...now $2.60
Myer at $1.31 about 6 weeks ago...now $1.37...hoping it will go to about $2.00 in 12 months.
Have gone in very heavily with Metcash and average buy in at $1.32...hoping this goes to $2.20 over 12 months.
My sophisticated strategy..."it couldn't possibly go lower than this...could it?"
Or alternatively, buy when everyone else is selling...so a contrarian view.
If I am still here in 12 months it means i didn't lose all my money.
Good luck... and DYOR.
A
Contrarian bet on retail, page-2
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Last
88.5¢ |
Change
-0.005(0.56%) |
Mkt cap ! $741.2M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 89.5¢ | 84.5¢ | $996.9K | 1.127M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13760 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 10637 | 2 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MYR (ASX) Chart |