STN - Southern Titanium - Aussie Stock Forums

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  1. #1
    Pigs In Space GreatPig's Avatar
    Join Date
    Jul 2004

    Default STN - taking profit

    I decided to take the profit on STN (Southern Titanium) today when I saw the price sitting at 18 cents. I acquired the shares for 12.5 cents on 9th July, so this gives me a gain of around 44% over 6 weeks (or about 381% pa).

    There's no sign of the price turning down yet, but the previous high in Nov last year was only 19 cents, so I thought I wouldn't press my luck. Also it's shot up so fast that I doubt it can maintain that momentum.

    Okay, so it might continue on up to earlier highs again of 34 cents, but them's the breaks .

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    Last edited by GreatPig; 23rd-August-2004 at 11:53 PM.

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