GDN golden state resources limited

I'll be interested in what happens if there is no ann tomorrow....

  1. 2,988 Posts.
    I'll be interested in what happens if there is no ann tomorrow. I reckon some of those who were stopped out today and only found out tonight ( I fortunately removed my 80c stop last night) will be trying to get back in at less than a dollar so we could see some strong action at open.

    I've decided to quite using stop losses on my volatile specs that I want to hold for CGT discount. I only hold stocks with decent fundamental prospects and my experience with stop losses in the past two months of volatility is that I get stopped out near the bottom and by the time I know the shares have been sold the price is back above my sell price and I've scored a $55 brokerage by the time I'm back in. I'll only use stops now on stocks I've decided I'm willing to sell on weakness by trailing them up with a tight stop loss.

    IMO still good buying if you can get them below $1.05, though I doubt it will be for long. GDN plays into the short-term traders hands once again!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.