Gold about to break below the $1800 US today.
General Markets Talk
- Thread starter Jimmy_the_Gent
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- Mar 27, 2018
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Travel stocks are flying.
May have missed the boat on the big 4 banks.
May have missed the boat on the big 4 banks.
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I think oil will still go up a lot more. It reminds me a bit of golds recent rally with how obvious it seems.
Schnitzengruben
Norm Smith Medallist
- Aug 4, 2019
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Oil is trending very nicely (as is coal). Energy in general is very sexy atm. I'm stuffed to the ******* gills in a junior oil explorer so I hope it continues.
Picked up some WBC at around $15 this year. Was confident they would be a great yield play when the sector returns to some normality.
HLO....need I say more? I hold WEB too but only a small amount.
PM1 - Pure Minerals Limited
Good result selling out of AQX today and still very confident in NZS despite a bad day so far brings me to my next tip PM1 - Pure Minerals Limited A good story this one with a good announcement today. Will be a longer hold than both AQX and NZS though In at 1.8c And will top up along the way...
www.bigfooty.com
expecting rockets today with this mornings announcement
Schnitzengruben
Norm Smith Medallist
- Aug 4, 2019
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Ah, a non-binding MOU. Aka a piece of paper. That is generally a reliable precursor to an unsustainable rally IMO.PM1 - Pure Minerals Limited
Good result selling out of AQX today and still very confident in NZS despite a bad day so far brings me to my next tip PM1 - Pure Minerals Limited A good story this one with a good announcement today. Will be a longer hold than both AQX and NZS though In at 1.8c And will top up along the way...
expecting rockets today with this mornings announcement
CRO, announcement of an agreement with VISA... and another cap raise
Burning money hand over fist. Management seem hopeless with finances, remember only 6 weeks ago they didn't get their financial reporting in on time. Potentially great product, circus clowns running the show
Burning money hand over fist. Management seem hopeless with finances, remember only 6 weeks ago they didn't get their financial reporting in on time. Potentially great product, circus clowns running the show
Schnitzengruben
Norm Smith Medallist
- Aug 4, 2019
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I got burned by them years ago. I forget the exact details, but they had some agreement with Telstra which was going to eventuate in some massive revenue streams for them. I believe they gave guidance of $4.2m or thereabouts. Quarterly after quarterly, nothing of note showed up. Absolutely disgraceful.
They're lucky BNPL and Fintech are hot right now otherwise they would've gone insolvent a year ago.
yep! perfect time to get out and back in
Yeah, I got in at 1.1c and am free carrying (thankfully). My plan was to hold beyond Christmas and re-assess around March. I'll stick to this plan but make no mistake, I've given up on management being able to manage money. My mental stop loss is 1.5c to take profits if need be
The HC threads on CRO are hilariously bad too. Easily the dumbest section on that site.
Schnitzengruben
Norm Smith Medallist
- Aug 4, 2019
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That's great that you made a couple bags out of it. Much better than to be bagholding around these prices.
However, I'd be pretty annoyed if the SP was 3c and you got out at 1.5c with a 50% haircut.
Agreed that'd suck, but the risk (nothing now as it's free carried) vs reward if it runs is worth holding just to see. Do I think this management team can take it to 20c? No, not really. BUT it isn't going to cost me anything to find out & the worst-case scenario now is I make a few bucks. I'll take that punt.
I make far worse bets all AFL season haha
Schnitzengruben
Norm Smith Medallist
- Aug 4, 2019
- 6,135
- 9,018
- AFL Club
- Essendon
I understand. I'm going to be honest - I completely disagree with the logic. But I hope it works out for you.
Gold still holding above $1800 US.
Hard to how you can go wrong buying CSL for the long term, if it pulls back to around $280 I'll probably buy more.
- Jun 14, 2013
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I could probably hold for another 10 years if necessary without trouble as the purpose is to build assets the kids can have when they're older. The economic climate over the next year or so is a concern so dollar cost averaging buys is an option.
- Mar 27, 2018
- 7,220
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- AFL Club
- Collingwood
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- Cleveland Browns, Tony Ferguson
Maybe RE takeover
- Mar 27, 2018
- 7,220
- 18,883
- AFL Club
- Collingwood
- Other Teams
- Cleveland Browns, Tony Ferguson
Happy happy days
Hmm goldies will bounce today, probably should have topped up yesterday.
Another good day for MSB coming up.
Still kicking myself over RHY. Was stupid to sell after the news that it outperformed all its rivals in the industry.
Still kicking myself over RHY. Was stupid to sell after the news that it outperformed all its rivals in the industry.
- Mar 27, 2018
- 7,220
- 18,883
- AFL Club
- Collingwood
- Other Teams
- Cleveland Browns, Tony Ferguson
Solid shout. Recent acquisition looks really good for expansion in US states.
I might buy into it. $400M company operating in a space where US betting revenue forecasted to be >$8 Billion by 2025.
These guys will be printing money in the future
