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6,350 Posts.

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19/03/19

16:32

Post #: 37813054
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Originally posted by walexx: ↑

I initially sold out of most of my ZIP to buy SPT. Ive now sold all but 1 SPT share hahahahaha. I think I'll put my profit back into ZIP. It might not go up as fast, but will be a lot more stable.

If SPT fires up again, then Ill bail ZIP and come back to SPT for another faster top up. Mind you, my strategy changes by the day, so who knows?, but I think this will shoot up again on the back of a good announcement. All SPT needs is a well known solid retailer like JBI HIFI or the like, and BOOM, the craziness will start again.

Im still undecided how just solid this business is as everyone has their own take on it, but this is just the beginning and there is still a big story to be told. SPT has been good to me, and Id like to return the favour by investing in it not for a quick buck, but because its a solid business with good organic growth.

Anyway time will tell.

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JB HiFi will not sign up to a program where they get paid in instalments, no matter what anyone here says about extra sales etc.

SPT Price at posting: $1.33 Sentiment: Sell Disclosure: Not Held
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