Trial open cut mining planned: ~100Koz pa Au at a conservative 1oz/t Au, page-170

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Skol

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11/08/17

15:10

Post #: 26444973
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Originally posted by asculpeous ↑

Thanks Andy,
You may have read a book that was around some 30 years ago called "How I made a million in the stock market".
That was in the days when a million meant something,now it's just a figure of speech.Any way the recipe this author gave was simple:buy Kodak shares, and whenever they drop back, buy more.We know what happened to Kodak....yes,just after the Hawke government piled in millions to keep their factory in Melbourne going ( not only inept but classic "pork-barrelling")

I keep a database of over 2000 ASX stocks and trawl it for stocks that are showing some technical interest, and that's how I found BBX. I should rejig the program I use to pick up the final liquidation phase of a stock when large volumes can be picked up at low prices, and then eyeball the fundamentals, however what else I see is that many low caps vanish off the boards and I have been stung a few times.(any thoughts on how to pick these stocks early would be appreciated)

This screening all takes time and ......

It's a question for one's individual risk tolerance.

BTW I see some intolerance for Skol's posts.I enjoy them although heavily into BBX. He (probably) or she appears to be well read and makes a rational contribution.We should welcome these contributions to balance our enthusiam and not judge motives.Sure people ramp up, or down,or post because they're pissed or proud or 1000 other motives,but if anyone can shed some light on this game of speculation,I'm happy to read them.

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You may have read a book that was around some 30 years ago called "How I made a million in the stock market".
============

Maybe the same book I bought decades ago after one of the guys at work bought it and we were all having a laugh. An interesting read but it ain't that easy. Ask Andy's WCN disciples if it's that straightforward.

BBX Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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Trial open cut mining planned: ~100Koz pa Au at a conservative 1oz/t Au, page-170

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