Supalgo

Just sold AVZ, 200,000 X 12c
Something smells, large sellers are feeding the buyers at their bids, hence bailing out.
Seller numbers have swelled overnight, yesterday was the same, sellers kept feeding the buyers during the day.
 
I have added another column to the trading overview results, which is now column 'h' "Brokerage Fees as a % of Profits" and atm I have $4253 in fees to obtain a profit of $5328. To me this is too much for an EOD system, so am going to slow down a bit until the market picks up again.

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Just awaiting mkt to open, buying OMH. OM Holdings, manganese play.
7000 X $1.38.
Buying for following reasons;
Metals market turning bullish again.
OMH has very bullish price action and has been performing well.
Has a low PE of 5 and considering performance of late, think is still a good low price.
This will be my 3rd trade into this stock bringing my total holdings to 30,000 shares.
I'm not a fan of market depth, but currently on display is 13 buyers, 38 sellers, 62,000 units for buyers and 2.3 million units for sellers.
For those who look at mkt depth, one would get the impression bears were stronger on this stock.
Commsec recommendation is "Overvalued".
I never let experts opinion get in the way of my trades.
Ok, market has opened, OMH will begin trading prolly in 7 minutes time, I'm just writing this as I await, I normally don't advertise my buy until right on open, that is, I don't let my trade sit there long before mkt open, usually hit it on open.
In!
 
Just now added to position BPT, Beach Energy. Oil & gas play.
5000 x $2.04
Brings my total position size now to 13288 units.
 
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