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
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
LUM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held