Opinions please STTer's
Over the last few weeks I have managed to accumulate a few STT's, namely;
MSB @1.74
PBH @8.00
RBL @4.06
TPW @8.14
I hold between 3 and 6k worth of each of these. Managed to get my average down by buying the dips and selling the highs on just a portion of each stock, and a generous amount of luck. Example MSB and PBH.
Acquired yesterday;
KGN @19.19 KAR @74.5
Just 2K in each of these at the moment. (I have limited trading capital).
So, if I buy more of each of these at around current prices I am raising my average price, is this worth doing? Example, I buy 425 MSB @4.70 (I wouldn't) for a cost of 2k, and already holding 1214 @1.74 it brings my average up to 2.49. Last week my average was 1.09 until I bought more at 4.74 and saw what a big difference it made to my average.
This would be the case on all the above stocks, so not sure if I would be doing the right thing?
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 07 Sep
Opinions please STTer'sOver the last few weeks I have managed to...
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online