research challenge, page-5

Having blind faith in anything is a problem....

If any of you have any dreams of becoming a professional investor, or even being good at investment as a hobby you must be able to do decent research...

Decent research means finding all available information, studying it and knowing what it means.

Don't be a sheep.

Prove to me that you are all very capable of making an intelligent business decision, and that you can find this information. Go on give it a crack..
You will be a better investor for it.


If you cannot find this latest information, then imagine what would happen when the share does trade...

First of all does the company need to make an announcement about this? ... probably not.

But I see this as a positive thing, so I would buy.

Announcement hits price goes up by say 20%
I sell into the volume and I am out..

You could be buying on the positive announcement...

2 months later, and not much has progressed and the share price is back to where it all started. You are down 20%


If you have $100K and do this 10 times per year for an average $20K profit per transaction, you can see how easy it is to make money on some of these small stocks.

If you cant find this information... well it probably means that you are an amateur, the pros will chew you up, as they have continually with this stock.

As for the July listing... Yes I concede that it could happen...

But oh my god..... did any of you really read and understand the latest half yearly results.... they are financially pushed to their limits again, already, and if I was the ASX I would not want them back on until they find another $7-10M from somewhere to have a way of clearing their newly created outstanding debtors.

If you see new directors bailing out as we head towards June 30 that would be a very bad sign.