Ann: Quarterly Activities and Cashflow Report, page-16

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gpHiggsBoson

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17/01/19

21:08

Post #: 37149299
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Originally posted by eshmun: ↑

If you have been following my posts I said I'm waiting for the equity component to be declared before adding to my holding. This developmemt makes me more wary now when it comes to topping up.

I don't tend to hit the sell button on my stocks unless I can really see future value evaporation. I tend to mitigate risk by portfolio weighting so my defence against a deteriorating situation here and in other stocks is just to sit on the stock. Pretty much the same with all my stocks, no stop losses, hardly ever sell. I just wear losses in the portfolio as long as total accumulated gains out weigh losses. My trigger finger however is more itchy when it comes to profit taking. I tend to take profits on stories I'm not strongly interested in and will trade the margins of stories I am interested in while adjusting the weighting of my core holdings (that's if liquidity allows). CMM is pretty illiquid so that got factored into my portfolio weighting in the stock, ie a more conservative weighting but not a completely insubstantial weighting. It's sit and hold for the moment, like WAF.

Sorry for the long explanation, but I never look at buying and selling a stock in islolation, it's dependant on my broader portfolio plus the cash component of my portfolio which I have been trying to maintain in a healthy state so I can go shopping if the blood really starts running in broader markets or if the gold price really breaks out into bull territory in which case I can more strongly join the bull rally. We need to see the US$1,370 - US$1,400 range breached, hopefully in 2019, then a real break above about US$1,520 to signify the bull is real, hopefully in the coming decade. Esh

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I am tipping GOLD will hit US$1,370 - US1400 range. IMO. Wild speculation? DYOR

Last edited by gpHiggsBoson: 17/01/19

CMM Price at posting: 7.1¢ Sentiment: None Disclosure: Held
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0 Great analysis

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Last $6.23		Change -0.130(2.04%)		Mkt cap ! $2.397B

Open	High	Low	Value	Volume
$6.20	$6.30	$6.18	$3.966M	635.7K

Buyers (Bids)

No.	Vol.	Price($)
2	4951	$6.23

Sellers (Offers)

Price($)	Vol.	No.
$6.24	4512	2

View Market Depth

No.	Vol.	Price($)
1	135	5.570
5	14915	5.550
2	7023	5.540
4	10250	5.530
1	3000	5.520

Price($)	Vol.	No.
5.600	26965	9
5.610	9400	4
5.620	15379	3
5.630	13592	3
5.640	6546	1

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