Australia's largest stock trading and investment forum Australia's #1 stock forum

AKK

Click for more information

0.00%

0.3¢ austin exploration limited

Cmon guys bruutz is telling you to by a 7 because Tuesday it...

First 50 Last

Share
Profile

Follow
Autosime

15,774 Posts.

268

06/08/16

22:03

Post #: 18461380
Share

Originally posted by bruutz82 ↑

Thanks for your valued input furniture. I am rarely negative on any stock - I am more negative on people who are weak hands and are manipulated by shorters or those who lack intestinal fortitude when necessary for collective success.

I also hate shorters who are poor at their job i.e they unconvincingly rag on a stock influencing no one - looking like nothing more than a troll and highlighting their obvious short position. I respect shorters who are experts at influencing others and use good tech / fundemental analysis to persuade.

That is what the two previous fools did poorly (sector lead and A?? friend) - they ragged on AKK and gave 0 evidence to support themselves. They then exposed the fact that they have been recently long on AKK. Their contradictions makes me want to know what their true position is.

Furniture - I also liked reading your comment about negative posters who down ramp stocks which are down but have plenty of upside potential and are likely to go up. I see that with AKK in the short term with multiple positive factors aligning despite a current poor SP. I personally reduce losses and maintain consistency (conditions suitable for high leverege) by taking profits fairly quickly and moving on. Sometimes I let profits ride a bit so I often hit some good little 10% gains but often the stocks I have exited are still going way up after I'm done, benefiting others.

Personally I reduce risk by not staying in a stock too long (absolute 5 days max if SP has moved little but volumes and buy/ sell side bias is continually looking better).

The perfect situation is when I have timed something well and I can enter and exit within a day with a good little 5% profit.

AKK is a tad different though - it will take a few days for people to get back into it due to lag despite positive macro oil factors and evidence oil may be slightly firming up. Also as AKK is not highly liquid more patience is naturally required.

Saying that, those who enter AKK at 0.7 will quickly get into the money zone as AKK does about 3mil volume per day and there is only 6mil left at 0.7 with barely any off screen trades. By Tuesday those 0.7's should be all sucked up and 0.8 it will be.

Many investors/ traders will be achieving an easy 15%+ profit on AKK with a choice on whether they should hold out until the 0.9/ 1c area potentially making the 30%+ profit.

Exciting times.

DYOR as always

Expand

Cmon guys
bruutz is telling you to by a 7 because Tuesday it will be 8 . Easy stuff , wed 9 and Friday 1. Easy stuff , don't let the downrampers stop you from making a 50% profit . Oh , and the evidence is
Wait for it...... Here it comes .....
It trades at 3 m shares a day and only 7m on the sell .. Godforbid someone replenishes the sell side with say another 10m shares .... No .. Impossible . In Brutz' world when he holds a stock it goes up and only the buy button hard hit , never the sell

Come on everybody - jump on the guarantee money train, the last few weeks of trading at .6-.7 is nothing , oil had surged 4% after falling 20% in a few weeks .

Brutz ... If you weren't posting seriously it would be funny

AKK Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 16 more messages in this thread...

First 50 Last

Add AKK (ASX) to my watchlist