Perhaps you put too much on speculative stocks? At least 2/3 of the portfolio should be on blue chips to balance the risk. Also I have learned from past mistakes with big companies that went bankrupt so quickly like Babcock & Brown, ABC Childcare ... to be prepared to take losses and get out when things go south. One must have survival strategies to play another day. One can still make money with AC8 on the long side by timing the behaviour of the big players. They must pump to lure new money in and that's when retail investors should dump instead of jumping in with both feet and borrowed money!
AC8 Price at posting:
40.0¢ Sentiment: None Disclosure: Not Held