DRM I said a few weeks back at 64c or so, buy low and hold for...

  1. 14,981 Posts.
    lightbulb Created with Sketch. 51
    DRM I said a few weeks back at 64c or so, buy low and hold for more drill results - voila, shame about the announcement timing but great result

    Impressed with MZI holding up so well today. Coming off 4.6c yesterday, at under 3c now it's a wonderful reentry, assuming the bottom doesn't fall out of the markets of course tonight.

    I hope to see a better night tonight, depends though on many things we may now know about until later in the day

    CPR Bought some at 12c

    BSE who told me about that, out for a loss, 12c to 10.5c :(

    Took a loss also on a few others and a few profits on others.
    A mixed lolly bag today, but a few too many black ones

    Strategy:
    Been an accumulation day, been happy to use previous profits to accumulate positions low in:

    - MZI
    - SSN / SSNO
    - CAPO
    - IFE
    - ARM

    I am willing to punt on a rebound tonight, even if the DOW comes off again, I think, as HLL eluded to, that the ASX has been down a lot the last few weeks when the DOW was up, so am happy with this approach for now.

    Scalping trades will hopefully offset any ST losses in some of these long positions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.