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  1. #21711
    Senior Member
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    V shape recovery back to $1 is the most likely outcome. I'd argue it's far too early in the turning cycle to consider selling although I do expect a small correction at some stage.

  2. #21712
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    Quote Originally Posted by ValueNZ View Post
    Have fun paying tax on your trade.

    You are going to declare your profit as income right...?
    I love contributing to a civilised society. I win, you win, everyone wins from my recent trade.

  3. #21713
    ShareTrader Legend bull....'s Avatar
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    11,579

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    Quote Originally Posted by Panda-NZ- View Post
    I think the rally has stopped now.. 1.2mil shares @ 0.80c will be hard to clear.

    Sold and made a nice profit
    well done , was your thinking the fundamentals of the company have not changed , but the short term demand for rv stock has changed because of arvida sale ?
    one step ahead of the herd

  4. #21714
    Senior Member
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    Quote Originally Posted by Panda-NZ- View Post
    I love contributing to a civilised society. I win, you win, everyone wins from my recent trade.
    The cronies especially win

  5. #21715
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    Quote Originally Posted by bull.... View Post
    well done , was your thinking the fundamentals of the company have not changed , but the short term demand for rv stock has changed because of arvida sale ?
    Once I new uptrend is established and the 1.2mil cleared I may buy back in (analysts better than me think OCA is still good value). I'm more risk averse.

  6. #21716
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    Quote Originally Posted by panda-nz- View Post
    once i new uptrend is established and the 1.2mil cleared i may buy back in (analysts better than me think oca is still good value). I'm more risk averse.

    Your actions are far from being risk averse.
    Last edited by ValueNZ; 26-07-2024 at 12:51 PM.

  7. #21717
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    Love you too. If you're going to "call me out" (exciting) it's going to require further explanation.

  8. #21718
    Senior Member
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    Quote Originally Posted by Panda-NZ- View Post
    Love you too. If you're going to "call me out" (exciting) it's going to require further explanation.
    Risk is the chance of permanent loss of capital. Jumping into a stock because it's risen quickly, then selling it within a week is highly risky.

    Swing trading is definitionally risky.

  9. #21719
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    Feb 2020
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    So you would recommend I stay long in OCA. How has that worked for an investor in this company (and take your pick of timeframe so long as it's >1yr).

  10. #21720
    Membaa
    Join Date
    Nov 2004
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    5,648

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    Quote Originally Posted by ValueNZ View Post
    OCA doesn't need a capital raise...
    $10,000 invested on 5 May 2017 will have returned (simple) 30% or $3025 at 4.18% p.a.

    Source: Sharesight Sharechecker Performance calculator.

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