A40 price action, page-250

I'm saying don't put in bids based on any desire to try and drive the price. You'll get killed. Just buy the stock if you think it's good value, if a few people you watch recommend it or if your research makes you think it's trending up for a ST gain and don't make the mistake a lot of people have done (ahem..) and put too much capital into any one stock. If things go south, you're stuck.

I nearly doubled my stake in Tawana last year before the merger and it was only an alarm bell going off in my mind ringing, "Rule 1: diversification!" stopped me from over-committing and I'm grateful for following such basic, beginner's rules!

That doesn't stop me from believing A40 is definitely on the up from here but there's over 1800 stocks on the ASX so there's plenty to choose from. If you look at my watch list you can see I try to keep a reasonably broad mix of stocks. I'm staying away from anything retail, financial, property or consumer related..

All in my honest opinion only. (AIMHOO)