Hi @colinchi, 'buying more' is this for a short term trade?...

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monkeybusiness

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25/11/16

15:44

Post #: 20894174
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Originally posted by colinchi ↑

RR.
You hold a little more BDR than I do.
I really am only long on goldies unless
I see the trend going higher.
I am mainly a trader.
I sold out BDR at 49 cents awhile back
Traded a little and got stung after buying early on Trump election day.

For those that feel stuck not selling on the way down. I will tell you what I did on the way down from $1700.

I sold up quick keeping only small amounts in 2 goldies AMX and SAR as they we're pretty beaten down. I first bought AMX at $1.10

As the prices went lower I added to my holdings until SAR hit 11 cents.
I loaded most of the money I had left at 11 cents on SAR
I was there biggest cheerleader but
Sold out in the high 20s low 30s.

I kept buying AMX and bought plenty at 10 and 11cents
I also starting buying SBM
Only Pnewby and I we're posting on the SBM thread at 11cents
I kept buying and buying SBM at 11cents.
as their debt was so far off it didn't worry me.
SBM took off and I sold and sold on the way up and was out completely earlier this year.
AMX was taken over at 16 cents.

I was trading a bit and loosing a bit
Until last year when I loaded up equally
Between SBM SLR RSG BDR and then I
Bought some KCN which was a mistake that could have been a lot worse.

My SLR buy order was a one off at 14 cents
My RSG orders were a 2 at 24 cents
I had bought BDR a few times. The last being 14 cents. I bought KCN at 69 cents

I held most of them for the first 6 months this year then sold out of RSG at $1
Although I did have a few good trades after that. I also traded PRU and NST a few times. I sold SLR a few times last being 55cents . I sold out BDR at 49 cents I traded in small amounts but mainly on the sidelines until election day and lost a bit.

Since then I have been buying BDR.
I have some SAR which I have bought a few times and recently bought RSG and SBM.

I plan on buying a lot more of all later today.

Cheers

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Hi @colinchi,
'buying more' is this for a short term trade? Interested to hear your thoughts
Can't see any real upside until at least later next week.
Still on both the BDR & SAR buses.
Cheers

BDR Price at posting: 33.0¢ Sentiment: None Disclosure: Held
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Hi @colinchi, 'buying more' is this for a short term trade?...

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