In Oct 08 after debts repaid I was breakeven, extemely down if you count the capital injection. Today I am smiling I had the fortitude to hold. I made it my mission to read and to do my research. Blue Chips are of no interest except for dividends (I let my SMSF do that). I also have a broker who loves speculative stocks. I wondered for a long time why PSP was Announcement Dead - there was a gut feeling this share would suddenly pounce. When it moved from 1.7c I was overjoyed to get something back and move it on - as you know from my previous post, my stupidity has been fortituous.
My broker is telling me that the last announcement is the tip of the iceberg - when you look at the buying, there is something in the wind. I now have double my holdings and I am holding.
Cheers, Waltz Holding: CDU, CGG, PSP, GGG, QMN
PSP Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held