MAN 3.85% 2.5¢ mandrake resources limited

Bedrock, to tell you the truth I've made money trading this...

  1. 182 Posts.
    Bedrock, to tell you the truth I've made money trading this stock over the years. Not a bad little wee dog, if it's still alive all these years.

    The secret is not to get caught up in the ramp and get too greedy. Take the profit and stay right out until it fizzes out. If you look at past patterns you get about 2 goes a year to make 30-40%, which is not too bad in my book.

    I wouldn't even recommend them to my mother-in-law at current level, but if you got them at the low to mid 2c when you had the chance 3-4 months ago like I did you are not doing too bad. But this time I think I'll wait a bit longer.

    Best of luck
 
watchlist Created with Sketch. Add MAN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.