GP
Buy low, sell high. Simple.
That requires one to understand the market conditions and the company.
A simple approach is to wait for big selldowns for specific reasons, as occurred last week with EVN and NST and buy for a trade. Buying during gold's seasonal lows and selling near the peak has been a winner - just need to pick a low - usually at a major selldown.
But it always involves risk taking and taking responsibility for one's decisions.
For all I know SBM could be back at $1.60 in mid 2016, and then blast off to around $3.00 in the second half of 2016 or early 2017.
Good luck.
loki
Not nice for our gold fever, page-31
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 (20min delay)
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Last
32.5¢ |
Change
-0.005(1.52%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.0¢ | $944.2K | 2.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29996 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 195148 | 7 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
