i try and buy my dogs. which i hope will turn into specs - when nobody is interested in them - which, i must admit, is not a day trading system. however most day traders loose money - i seem to do ok. eg, i bought lum, at 7c,
a stock which I stopped accumulating a few months ago, and bought plenty and plenty of - was an obscure perth stock called auridiam, now this stock, may, or may not set the world on fire, but for a low market cap stock, it is a dream - - market cap of about $3.5m; recurring operating revenues, from industrial (engineering) activities - which last year produced an operating profit of $400,000; a strong balance sheet; - also for the speculator, there is a real wild card
http://data.iguana2.com/stockhouse/news-item?Exchange=ASX&Code=ADM&Liveness=DELAYED&Number=251912-A
for me, the company is a two, or three year hold - and hopefully the enginerring side of the business, might underpin a capital growth in the share price. the speculative side, might allow a quantum leap in the share price
i was accumulting shares at 5c - and now the shares are trading at 6c - albeit, on small turnovers
- Forums
- ASX - By Stock
- LUM
- dare i say words of wisdom...
dare i say words of wisdom..., page-7
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)