Supalgo
- Thread starter themickey
- Start date
As suspected, PLS Pilbarra Minerals price collapsing today, so bailed out 10 minutes ago, 15,000 units x @ $1.03.
That's a 2.59% profit after brokerage, a miserable $390 profit in 5 trading days of holding.
With mining stocks currently on the nose with everyone and a shaky stock price on Friday's close, I wasn't prepared to be forgiving of this stock, hence outta here with this one.
Can't be forever taking losses in the current sad trading environment, especially mining positions, but in this instance a small profit is better than a loss later on.
That's a 2.59% profit after brokerage, a miserable $390 profit in 5 trading days of holding.
With mining stocks currently on the nose with everyone and a shaky stock price on Friday's close, I wasn't prepared to be forgiving of this stock, hence outta here with this one.
Can't be forever taking losses in the current sad trading environment, especially mining positions, but in this instance a small profit is better than a loss later on.
I think we just witnessed the bottom for copper. Explosion of capitulation overnight.
(That's overnight when you live downunder).
Bit early to tell but USD to me appears to have topped out.
Looking to re-enter some metals positions, possibly later today.
The supalgo formula have tweaked with several mods since inception, am very content with it atm. Needs further roadtesting, will place a photo on ET later.
(That's overnight when you live downunder).
Bit early to tell but USD to me appears to have topped out.
Looking to re-enter some metals positions, possibly later today.
The supalgo formula have tweaked with several mods since inception, am very content with it atm. Needs further roadtesting, will place a photo on ET later.
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Just now bought ASL, Ausdrill, 11500 x $1.76.
Drilling company, mining.
https://www.barchart.com/stocks/quo...&sym=ASL.AX&grid=1&height=500&studyheight=100
Has been badly beaten down of late, imo, an overdone beating.
This has been a good performer historically.
Has a PE of 10, bargain if mining swings up again as I suspect.
Also rumors are doing the rounds it might be ripe for a takeover.
Currently up 2% today on low turnover, supalgo has picked it up on its radar today along with 8 other stocks out of a field of over 2000. (ASX stocks).
This takes to 62 the number of stocks purchased since 6th April.
Drilling company, mining.
https://www.barchart.com/stocks/quo...&sym=ASL.AX&grid=1&height=500&studyheight=100
Has been badly beaten down of late, imo, an overdone beating.
This has been a good performer historically.
Has a PE of 10, bargain if mining swings up again as I suspect.
Also rumors are doing the rounds it might be ripe for a takeover.
Currently up 2% today on low turnover, supalgo has picked it up on its radar today along with 8 other stocks out of a field of over 2000. (ASX stocks).
This takes to 62 the number of stocks purchased since 6th April.
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Bought back into PLS, Pilbara Minerals on close today, 20,000 x $1.03. Lithium play.
Quite high volumes went thru on last 30 minutes.
