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Hi Firehawk08 and all, “Midnight and Andy are probably upset...

  1. 3,971 Posts.
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    Hi Firehawk08 and all,

    “Midnight and Andy are probably upset they didn't buy more earlier.”

    It’s hard enough to make a quid in the market these days fighting other buyers for stock is all part of the game; however, when you have to fight your own brokerage house as well it makes things a great deal more difficult.

    With the share trading at 8.4 cents not that long ago my broker refused to increase my buy order to 8.5 cents claiming issues of market order. He copped another ear-full this morning when I reminded him of me not having the choice of how I spend my own money particularly as we traded at 40 cents yesterday. I just hope he picked up on my language as whenever I talk to him now he is referred to as my current broker.

    Still I think I did a reasonably good job of sneaking up on this share whist it remained under the radar. I had thought once the last assay results were out that would be the end of my buying opportunity; however, not the case I was very surprised of the length of time between the Bonanza grade announcement and the market comprehending the situation. As always Mr Market and his speed of recognition can still teach us all a thing or two no matter how long we have traded.

    I doubt the market will make the same mistake once the next round of assay results are released.

    It’s been a terrific ride for those early on board; however, like many here I believe we may see even more exciting action over the coming weeks. I guess time will tell I’m in no great rush to make any sales at the moment. The only problem I may face is I may need to pay myself a pension payment before the end of June.

    It takes the edge off the pleasure in seeing a share run in ones super fund when you get a bloke like Hapless Malcomb (the 15% S/F goal post mover) ringing me up to congratulate me every day!

    Don’t worry the changes to super fund law in this country are just beginning these bastards will find any way possible to continue to keep the public feeding trough full and Australians superannuation funds are just about the last thing standing for them to pillage!



    Cheers and very best regards: Andy
 
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