SPX 14.3% 0.8¢ spenda limited

Just had a look at the current shorted stocks and cro is not on...

  1. 1,508 Posts.
    lightbulb Created with Sketch. 132
    Just had a look at the current shorted stocks and cro is not on that list.

    SInce i am here i may as well add my 2 cents worth.


    Always do your research and due diligence before investing. research every company member of the board. Research companies history . Try and have some basic understanding of company financials. Just about every micro spec runs at a loss , So be mindful where the generated revenues go to that is if they generate revenue. Have a sharp eye on the losses and capital expenditure . Are they using funds for growth ,
    development for instance ?
    Try and determine what projected market cap and share price the company could honestly achieve one day . Say 6 months . 12 months , 2 years and so on.

    Have an exit strategy plan . whether during price increases or when you are nearing your sp target. Should one of your specs mature and reach say $5 will this share increase much further ? has the company reached the peak of its Growth ?

    After doing some research and calculations. determine what is your risk/ reward tolerance in a stock . And do not ever ever invest may than not only can you afford but only invest the amount that you stress levels can handle.
    Keep an eye on deadlines . Are they met ? / If not what are the reasons ?
    Have at least some basic understanding of the sector the company is in . Try and set some realistic goals . understand that the market fluctuates .

    DO NOT - buy in to a company than ask what announcements are we expecting . That is just sheer stupidity and laziness , You may as well keep your money and play at the casino tables. No I do not feel sorry for anyone that buys a stock without even knowing what the company is or does or aiming to do .

    Do NOT Get swayed by the repeated unsubstantiated down or up rampers, Certainly take on board constructive points and arguments . Its very healthy to read views both negative and positive . That is provided that you have belief in what you invested understand the company fundamentals , And are capable of backing yourself.

    Do not Listen to the mindless catfish / vultures . They do not give a damn about you at all . In fact they thrive on your fear and loss you may occur .
    Do not listen to any unsubstantiated nonsense.

    Try and train yourself to have thick skin. your the gains or losses will often be based on your psychological mind set.

    There is far far more that one could add to the above but am keeping it rather sesame street.

    Understand that Everyone is a bullshitster .

    Try and be forward thinking And dont believe in your own bull.

 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $34.59M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $80.29K 10.03M

Buyers (Bids)

No. Vol. Price($)
10 6953272 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 447996 1
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.