ABN 5.56% 1.7¢ adeffective limited

I can't believe that you're wasting your time malmanu.The sector...

  1. 3,770 Posts.
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    I can't believe that you're wasting your time malmanu.

    The sector is hot until it's not……Practically all of them are total mongrels which are unlikely to change given the fullness of time and i'd certainly hope that nobody sees them as serious investments until they back up their market caps with comprehendible price to earnings ratios or even just a slim profit in many cases…..LOL.

    Having said that, i've been in and out of ABN, ADJ, MBE and TSN on too many occasions to list recently and will continue doing so until they're off the boil. That fact remains that virtually all other spec sectors are not in play currently which only leaves us this sector to dance around. They're all going to end up with absurd market caps before they crash because we have such poor choice elsewhere…….I don't hold them overnight but trade the trade each and every day.

    Good luck everyone, the sector has been awesome fun.


 
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Currently unlisted public company.

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