Doctor Feel
Shitposter In Chief
- Joined
- Mar 30, 2009
- Posts
- 92,803
- Reaction score
- 276,058
- Location
- #BringBackTheBars
- AFL Club
- Port Adelaide
Spec shares, especially cheap ones, are at the mercy of bot traders using algorithms that would make your hair curl. I had a share once - Empire Oil and Gas - that went from the 1.3c a share I paid for them all the way up to 4.2c on the back of bot trading...and then it went down again just as quickly.
Things like profit earnings ratios and cash flow doesn't really apply to a spec share in reality because of this fact. Just be aware of that![]()
I know. This one was more of a gut choice across a larger portfolio of speculatives and long term income/growth stocks. Just interested to see how it pans out.






