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Showing posts from February, 2024

It's Your Life, Your Rules

 I have been doing a bit of reading lately, including about investing in the share market. And I have to tell yoou that there are some rubbissh rules out there. One of the more silly ones is: Don't check your share price all day, once a day is enough. You know what? If checking your share price brings you joyonce in a wh, or helps you strategise your next move, or clarify your next move, then check it. As often as you like. Yes, there are rules you should learn about the stock market, but judge who is telling you these rules. Some are less "rules" and more "their rules". And the difference may cost you enormously. Do your own research. Find your own comfortable place. Just remember to step outside your comfort zone once in a while.

Missed That One

 Yep, there are those I miss, even when I see them. PAA. If you look back at when I picked it (in January) it was 12 cents. Now, just 6 weeks later (at the time of writing this) it is 38 cents. Shoulda/coulda. Oh well, NEXT!

No Go

 Given that AT1 ewporte increasing sales and revenue and profits, and their share price went down, I would NOT buy LDX in advance of their results presentation. It seems that the market does not like this sector at this time.

Special Event

Today is February 25 (all times and dates are Australian). Tomorrow at 2pm, AT1 will host a webinar about their half-yearly results. After that webinar, watch the share price carefully. If it goes up by more than 20%, then immediatly buy LDX who will host a similar webinar on Wednesday (the 28th) with a briefing at 10.30am. If AT1 is good, then you can get ahead of the game with LDX and make some fast cash. That's my thoughts, and you should do your own research because I am not a financial advisor and this is not financial advice. But I will report the results later in the week.

Another Quick Turnaround

 Wow! That didn't take long. 20% increase achieved in under a week. Investing in both means a 44% profit in less than a month. In the meantim, PAA continued to rise and as I write this is up over 50% by itself. No, I am not some sort of stock exchange guru, I just do some homework and look at things with a critical eye. This is wwhat all those "get rich" books call making your money work for you.