LGL 0.86% $1.74 lynch group holdings limited

Greyhoundtrainer OK ill take the bate!That sort of...

  1. 680 Posts.
    Greyhoundtrainer
    OK ill take the bate!
    That sort of unidirectional mindset will do you no good if you wish to last trading. I'm not fixed on being a bear or a bull; I just take the trade and I don't care if it's LONG or SHORT. I do my research and you reap what you sow. My trading account is up 412% in the last 12 months plus a 09 BMW 540i. So it seems to work as it has for the last 20 plus years.
    The statement on SHORTING was so technical stupid that I'm sure it was a joke, or maybe you're simply a labor voter? If it's the former, than I like it; if it's the later, you shouldn't be around too long IMHO.

    Bolivia.
    Hi. To answer your question perhaps you could refer to my recent posts on XJO. Basically a contrarian move and a bit of fun. I only shorted 20000 shares. I thought there was too much exuberance regarding the deal, in conjunction that I believe a correction is coming. To make it totally clear, it was a punt and not the sort of technical trading I usually do. It just paid off and I really I deserved to be burnt. However 6% for holding over Easter is an easy win and so I'm out. And yes i always sell to early and buy too late.

    I don't believe today's trading was due to SHORTS. The smarty's were taking the stellar gains and walking away. Remember the stock traded at 1.52 in March 09, so to sell at $4 plus is an amazing gain. I'm not saying it won't go higher, but I'm sure it will be purchased cheaper between now and DEC. LGL is a great long term share IMO.

    Best of luck

    <>
 
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Last
$1.74
Change
-0.015(0.86%)
Mkt cap ! $172.7M
Open High Low Value Volume
$1.77 $1.77 $1.74 $12 7

Buyers (Bids)

No. Vol. Price($)
1 1000 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.75 336 1
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
LGL (ASX) Chart
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