From A Beach Somewhere

 I sold my DXB share at a 48% profit. Not too bad at all. And I will be using that money to pay for a holiday. This means that my original investment of $1000, plus 2 top-ups (as opportunities came along) of $2000 each, means that my total investment of my own money has been $5000. I have withdrawn $15,000, and now another $6,000. And I am still playing with around $35,000 of free money. Nice.

 Ah June, the month I expect big things to happen. First up: BOT. June 21 is when the FDA result is expected to be announced. And since this is a Friday, we may not receive the news until after trading has ceased for the day. It may have to wait until Monday (the 24th). Will it be a Tradng Halt? Then we will have to wait an extra couple of days. The result is almost certainly going to be positive and the share price should rise 50-100% from where it is now.  PLUS, once that risk is completely dealt with, there is a strong chance that Big Pharma will buy BOT, possibly doubling the share price again. And that could happen very quickly indeed. I reckon that right now is the last realistic chance to get a position in BOT at a good price. DTR is expecting to do a resource upgrade in the June quarter. And because this is one of 2 reource upgraes they will do this year (after not doing one before, instead simply relying on historical data), I expect the upgrade to be completed in Jun...

 Buying shares is easy... knowing when to sell them can be extremely tricky. After all, you want to maximise your return on risk, don't you? Nah, not always. In fact, if you stick to a plan, selling is easy. For example, if your plan is to sell when you have a 25% profit, then you set an automatic sell at 25% above your buy price and let the system do its thing. Sometimes you have to sell a winner because of other pressures in your life. Perghaps you have: a tax bill A new baby An upcoming holiday An unexpected expense And you have to raise some quick cash. Ok, sell and move on. Sometimes you have to make the decision to dumpa stock at a loss. You bought in and it looked good, but it didn't pan out. You have waited and all the price has done is go south. Perhaps it is going to be better to sell and put your money into a winner and let the loser go. With a plan you can make your losses back, and usually quite quickly. Me? I just sold DXB at a nice profit... bought at .275 and so...

 Yesterday, 2 people asked me what shares to watch. I gave them both the same answer. The following should be putting out announcements soon, and this should have a positive impact on their share price: BOT DXB 1AI DTR And by "soon" I mean by the end of June. Although, DXB and 1AI may let the timing down and come in a little later.

 Botanix (BOT) have put their latest webinar up for viewing. It took a couple of days, but it was well woth the wait. Yes, the science is good and the market is solid. But what has always impressed me with BOT is their absolute focus on the patient and the complete patient experience. It's an hour and 17 minutes long, but if you want some solid background along with current and forward-looking statements, then this is essential viewing. You're not hearing from other shareholders or brokers, you're hearing directly from the company. You cana view it here https://www.youtube.com/watch?v=bUHzyEedUsk

What's coming up that is going to change (hopefully improve) the price of my shares? Here we go (and this is not in date order): June 21 - the big one for BOT. FDA approval day. This may take a couple of days t filter through as it intersects a weekend (our time). Anytime soon - 2 big ones for DXB. Signing of USA and China Licencing Agreements. Both will significantly boost the share price. In the June quarter - DTR is expecting to release a resource upgrade and that is expected to push the share price to a new level and a 12-month high. And, like I outlined in an earlier post, these guys are in danger of attracting the attention of some aggressive players. And if they do, that plays out on the newcomers timeframe. In the June Quarter - 1AI should release its latest results which look to be exciting. By June 30 - AUQ (which a few colleagues of mine own) will deliver its first copper concentrate shipment, and that will be seen as very positive by the market. May 21 - ENV (another ow...

 Seriously. It turns out to be a well-wpent 2 hours. Margin Call.  I just watched it on Netflix. It is a great reminder that corporations are about corporate survival - individual corporate survival... at all costs, including yours. This is about the GFC, but it could equally be about catastrophic climate change.

 If you are a bit of a lateral thinker and can are willing to explore new ideas, then try this one. The idea: See what companies appear on the short selling list and find out when that expected decline is possibly going to end (I stree the word POSSIBLY). First of all, where is that report? Go to the ASX website (asx.com.au). Along the top is a menu bar, click on PARTICIPANTS. Under PARTICIPANTS RESOURCES you will find the SHORT SALES REPORT. Click on that. This brings up a whole new page and lands you on REPORTS. Click on the latest report and you will receive an A-Z listing showing who has been shorted and how much of their equity is shorted.  How do we turn that into an opportunity? Here's a random one I grabbed because it had .15% of its capital shorted (ok, not completely rndom). ENV - Enove Mining Limited. Punch their code into the ASX site (since I am already there) and see that they had indeed dropped from 5 cents to below 2 cents. But what's this? Is it an uptick in t...

 You will often hear aboout them, companies that list and immediately go stratspheric, giving those who got in on Day One a massive return. Wouldn't it be nice if you knew what new company listings were coming up on the ASX? Here's nice. You can find that out very easily. Just go to the ASX website (asx.com.au). A,ong the top of the page are some categories. Click on LISTINGS. And there, under the DIRECTORIES heading your will find UPCOMING LISTINGS. Click on that and you will go to an A-Z of what's listing soon. Each listing will give a bit of information and direct you to where you can get more (usually a company website). For example: D3 Energy (ASX: D3E) will list at 11am on the 13th of May 2024. They have 50,000,000 shares on offer at 20 cents each. They are a natural gas and helium explorer.  The first 13 pages of their prospectus cn be skipped through, although I note that I have been a shareholder in a company associated with one of the directors before. That gives ...

What? Watch a movie? Absolutely. They are great homework and demonstrate the power of the stockmarket. The first one is: Eat The Rich. I am still scratching my head over this one. Basically a documentary. It is simply amazing to watch. The next is: The Big Short. A movie based on real events. It shows how shorting can work. Trust me, this will not be a waste of your time.

 I keep one of those pocket diaries with me at all times. You know the type: they are generally promotional and are given away for free. They are great. If, in my research, I come across a stock that looks like having a big announcement coming up, I make a brief note in the diary. That way, when I have cashed in one lot of shares and I am ready to buy again I have some idea of where to go next. DTR is a good example. They are looking at completing an upgrade to their resource assessment in the 3rd quarter of 2024. So I will check in at the beginning of July and look at dramatically increasing my holding then. KSN is another that has a good bit of news in the third quarter. So a note is made in the diary to check back in with them in July. Does it always work? No. Because I am working on available information from company releases and information. For example, I was looking at IMC and had a solid date for when the next jump would happen because of an uncomping event (the initial res...

 Sometimes you just have to sit tight and hold on, and that's exactly where I am at with both DXB and BOT. Yes, both have passed the 20% gain and so, under my plan, they should be sold. However, both still have significant movements to make in the near future. With BOT, we know the date: late June for FDA approval and a massive jump in the share price. With DXB: they are currently negotiating licencing deals for the USA and for China. As each of those deals gets signed, there will be large movements in the share price. But the timing is uncertain. All we know is that the boys are in the back room and cruching the numbers. In reality, a deal will not be far away at all. Plus... Looking at another one I recommended to a friend: AUQ. At the time of writing, sitting at 7.1 cents. I expect this one to improve by 50% in the next 2 months (roughly the same timeframe as BOT - although BOT has a much bigger upside). So, tke a deep breath and hold on, here's where the ride gets really ex...