Dodgy - so clever, some bought in @ $1.50 and may have sold at $1.80, hindsight is so wonderful with investment, who could have guessed the collapse in the oil price or PRC - black swan events that have had a huge impact on share price.
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Dodgy - so clever, some bought in @ $1.50 and may have sold at $1.80, hindsight is so wonderful with investment, who could have guessed the collapse in the oil price or PRC - black swan events that have had a huge impact on share price.
So cap return on 20Feb with 13th being the xdate for entitlement.
Meanwhile the POO keeps falling. Any company with money in the bank could do very well by drilling on Wall Street as the saying goes once every second oil company goes broke along with a few countries.
Dodgy - I guess my point is that with most stocks you could see hindsight ask investors in SNK or maybe investors who paid $10 for FBU last year or $2+ for TTK not so long ago etc.
Morning Tim
In every case you have mentioned and with many other NZ listed companies, management has not been the most estute in my opinion. There also appears to be a whole industry around IPO's and pump and dump - no doubt very lucrative to the promoters.
Good luck , as with lotto etc., that's all we buy.
$1.60 was a pretty long time ago--back whe NZO was in a race with Pike for the highest SP----It may be a lottery in some ways,but those who held right through from those days have neglected some basic rules of investing---Education not only increases your chances of gain,but decreases your chance of loss---The charts are not a sure thing by any stretch--but they would have signaled an exit a long time ago(unlike emotions and basic lotto like gamblers mentality)
Pay day is 20/2/15.
Skid - a chart won't tell you about an unforeseen event (e.g the mine exploding)
my payday is going into my home business...... the best business investment i could possibly make.
had to lose a lot of money before i realized and learnt that im better off backing myself than relying on
a $500k ceo to do the best for my investment money.
having said that..... i will still continue to hold my many 1000's nzo lotto tickets.... whoops shares.....
just in case they pull a rabbit out of the hat.
i guess life is a learning curve..... i have gone full circle to end up backing myself.
all my shareholdings are in negative territory ...... but are paid for and
written off in my mind....... i took a punt and will let it ride out to the end.
my new goal is backing my own work, planning and destiny.
good luck to those that still buy shares hoping that "management" have "your" interests at heart.
wifey is backing me and her friends are backing her and orders are coming in.......
No, it won't tell you that, and a catastrophic event is better managed with stop losses.
But in less dramatic declines or rises in an SP, a chart will tell you fairly quickly where the money is going, in or out, and at what rate. The chart is just a visual representation of a truckload of data, though as they say a picture says a thousands words.
Fwiw, virtually all my research recently has a common theme, no .. not GFC2, though that is a theme, but TIMING. Weird eh. Common wisdom is 'time in the market', i.e. ride out the highs and lows, enjoy the divis while they're paying, etc etc.
But for some reason, go figure, a growing chorus of opinion is about 'timing the market'. You can't time the market without being able to observe it. Charts do help with that. My take on it is that I'll cut my divis, by exiting a stock, when my threshold of capital loss is hit. Charts help with that. I'll do the opposite, like buy the stock when the opportunity for capital gains is apparent. Charts help with that too. It's about timing, the in's and the out's. Most of my shares are earners, so I don't take lightly the decision to quit a stock or buy a different one. But I don't know any other way of doing it, timing that is.
JMHO.