FN, page-20

Originally posted by Nanood ↑

Well I believe that bubble stocks make money. Especially on the short side. I've been procrastinating about transferring money into my IG account because they take payments from credit cards only. So a cash transfer costs a huge fee and then they charge you 1% on top of that. Highway robbery. Still, I don't meet the criteria for a cfd account with commsec so that's the option. Being able to trade short is as equally important as long with what I'm studying. Really only giving yourself half the opportunity if you know what you are looking for. Anyway, that's another dilemma for another day. Still not liking the TLS action. The trend is still down. I'm not betting on 4.6 holding so at least that will mean you don't have to look at that level

IDX.. Is a 7c movement on 54k volume a tree shake?

SMN All about the crazy train. Never know dude it might be the $2.99 run again!

Nice to see PLS taking a breather. It has some very big support in the past at 45c. That should be its main resistance if the trend has reversed!

TCL. A top stock I noticed it moved back into the zone between the 10/20 moving average today with some very decent indication its going higher. 11.80-12.20 was a decent part of its travels early last year. The trend is definitely up. If I knew back then what I know now even only after a few days of research I would have been taking a position in it for sure and definitely not buying TLS like I did recently. Live and learn huh.

AGO.. I heard today IO prices were up. That might relate into some positive momentum tomorrow. The indicators aren't nearly as nice on that as they are on TCL. More like another TLS Wow I just checked the AGO history.. 4.37 high! If it gets back there and you are still holding you can buy me dinner. In Paris.

SRX? Just taking a breather. Its just dropped below its moving average. Have a look at its chart since the big drop.
View attachment 536160
Look at that lovely climb. That's quite a trend and not the first time its recovered from such a dramatic fall. On 13th March 2015 it closed at $39. Opened again on the 20th at $15. Went on to $41.33 in December before reversing its trend back down to where it got smashed again. Its going back baby, and all to save my waistline
View attachment 536178
Look at those 2 massive drops... $30 by years end . Sheesh I'm almost convinced to take a position

More study tonight. A bit late to get much involved so maybe I wont get into it too much.

Expand

Alright. I am taking a breather from my real work; I have been going since 06:30 this morning, and have maybe another 5 hours of work to be done before 07:30 tomorrow morning, but that is what the night is for. Probably should get some sleep in there somewhere.

Anyway, time for some RR time on HC and also I note that a brand new edition of Wheels magazine has landed in my letter box . What could be better? So get ready for a few novels......

Not sure I would be interested personally in shorting, for numerous reasons (lack of time, lack of adequate skill, and conflicting ethical ideas (that last one sounds pretty lame I know)). But I would be more than happy to watch your adventures should you wish to pursue it. There is so much more I need to learn and do before I would ever consider going down that path.

IDX was an attempted tree shake. Had to be there.... and 54k is not that small a volume. Just look at today. No shares traded at all.

SMN . If it gets to 2.99 can't say I will complain.

Speaking of which if AGO get back to 4.37 and I am still holding, I will buy you AND your wife dinner in Paris and fly you there first class. Got to get past 3c first, and there is still a massive seller that is continuing to dump constantly into the buy queue. I am sure I have mentioned it before but the major debt holders have been constantly selling the last few months and they originally had 6.3 BILLION shares. That is a lot of shares to offload..... At the same time someone has loaded up the sell side with a fake 200 million shares so it makes it look bad. I am thinking it can not be the sellers because why would they try and depress the SP when they are selling. So I am therefore thinking it must be someone else who is buying. No notice of major shareholder yet so who knows. The AGO forum has gone to the dogs, literally, and is just going around and around in the circles so I have stopped reading most of it.

TCL agree with your opinion 100%. Out of all the stocks we have talked about, have I ever banged on more favourably about any of them more than TCL. Particularly when it was below $10. I tried.....

TLS will do the same as TCL. It just needs more time. I think the ACCC will not change anything for the towers TLS already has in place, but is likely to change the rules going forward. This will be a win for TLS. The rise in SP will come eventually. All the Telcos are down atm. We just need more time. It took TCL 6 months to recover, and it may take TLS more time, but I am confident it will happen. Everyone talks about their bad service, but this has not been my experience. Firstly I have not had any issues in the last 10 years for me to call them. And if I ever need anything new or to change something, I just go to my friendly neighbourhood business centre and in less than 30 minutes, presto all my (Telco ) needs are sorted.

Finally PLS. Who knows. It has bounced off 40.5c. It is rising, but it feels strained to me like it is being propped up. We shall see. It would have been good to have happened in association with a positive announcement, so I could feel the rise was more genuine. Anyway, it's green so I can not complain.

SRX is a wounded animal. It will not get past 30 this year, or probably ever. Anyway that is my story and I am sticking to it. Cake coming your way buddy.