AFF Member Stock Discussion

cove

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Feb 15, 2008
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14,733
We are still unsure if someone was shorting Codan but if they did it would have been painful when the Company issued a progress report.
We had made two calls to the company to get that announcement issued. It was pleasing that they responded.
The market may be a little better on Thursday…..
 

lovetravellingoz

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Jul 13, 2006
Posts
12,759
Urgh hubby is trying to sell things off to get out before the dip ... I am not agreeing with his plan! I think he's got ... what's the reverse of FOMO?


Too late.

Hold tight and especially if you have a well balanced portfolio.

Look out for bargains when you think things have bottomed.
 
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cove

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Joined
Feb 15, 2008
Posts
14,733
Looking like a turn around in Australia is coming this morning based on the futures market. Just when you start having lots of doubts about your stock picks after about a week of drops the market may come good.
We never thought AfterPay could make a net profit unless they move into other areas of business.
The AUD is down so that will help our miners make good profits.
 

MARTINE

Established Member
Joined
Apr 6, 2018
Posts
1,387
Looking like a turn around in Australia is coming this morning based on the futures market. Just when you start having lots of doubts about your stock picks after about a week of drops the market may come good.
We never thought AfterPay could make a net profit unless they move into other areas of business.
The AUD is down so that will help our miners make good profits.
I got out of APT - at around 120
hope so re miners - did a bit of a splurge this week
 

cove

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Feb 15, 2008
Posts
14,733
Had hoped to pick up some more CMW at 80.5 to get about 8.5% on parked funds but someone made the price jump.
We can be patient on Cromwell and may pay 81.
 

Dr Ralph

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Jan 21, 2014
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11,949
Qantas
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Had hoped to pick up some more CMW at 80.5 to get about 8.5% on parked funds but someone made the price jump.
We can be patient on Cromwell and may pay 81.
Bought some last Thursday at .795. Sold today for .84. Easy money. I've seen this pattern with this stock many times before.
 

burmans

Senior Member
Joined
Feb 21, 2006
Posts
7,824
Had hoped to pick up some more CMW at 80.5 to get about 8.5% on parked funds but someone made the price jump.
We can be patient on Cromwell and may pay 81.
Yeah, I was lucky enough to get some at 80 a few days ago but saw they were up to 84 today. I do think we will have other opportunities.
 

cove

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Joined
Feb 15, 2008
Posts
14,733
The way we look at it is that it is better to get about 8% rather than bugger all with a bank deposit. It isn’t as safe of course and yes there is a trading option with Cromwell as @Dr Ralph has mentioned.
 

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