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August 2022 Stock Competition Entry Thread!

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Joe Blow

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Good morning everyone and welcome to the August 2022 stock tipping competition entry thread! :)

The August 2022 stock tipping competition is proudly sponsored by OpenTrader, Australia's newest and most advanced retail broker. Trade with the technology that the professionals use!

For those who only trade occasionally, OpenTrader's Investor Wealth platform has no monthly fees, charting, price alerts, conditional orders, unlimited watchlists, live portfolio valuation and access to their proprietary Asset Greed/Fear Index. Brokerage starts from just $5 a trade.

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All ASF members and visitors who signup with OpenTrader through a link at ASF will get three months free access to their Active Share Trader PRO platform, valued at $297. So please be sure to check them out. Whether you're an active or occasional trader, you'll find them very hard to beat.

A quick recap of the rules for those not familiar with them:

1. Each entrant may choose one ASX listed stock. Options, warrants and deferred settlement shares are not permitted.

2. Stocks with a price of less than $0.01 are ineligible for the competition, as are stocks that are currently suspended from trading.

3. Either before or after posting your entry and before the deadline for entries you must post in the forum thread of the stock you have entered providing either a general update or a view on why you think the share price is going to increase in the short term.

4. The winner is the entrant whose selected stock performs the best in percentage terms between the close of trading on 29 July (entry price) and the close of trading on 31 August.

5. The maximum number of entrants in the competition is 100.

The entry price for all entries is the closing price on the last trading day of this month.

The competition winner will receive $100. The second placegetter will win $50 and the third placegetter $25.

You have until midnight on Sunday, 31 July to enter. However, in practice entries can be submitted until this thread is closed. No entries submitted after that can be accepted for any reason.

Please post your entries in this thread. Remember, once you have selected your stock, you CANNOT change it for any reason.

Best of luck to all entrants! :xyxthumbs
 

greggles

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I'll be first in this month and will have a punt on CAZ in August. Next month might not be the month for this company, but it will have its day in the sun eventually.
 

Dona Ferentes

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As the month of August starts on a Monday, we've got another weekend to trawl for/ stumble across an entry for the Comp.

And a whole bunch of Quarterlies still to be lodged.

Good hunting/ bonne thrung
 
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I'll take a shot with AGY.
I have possibly missed some of your recent posts @Sdajii , but perhaps a "welcome back" is in order??

I recall back in the early "Covid" days you were outspoken and unrelenting in your assessment of Gov protocols etc.

At that stage I was "uneducated", but assuming you still have a similar opinion, I suspect I may agree with everything you were saying back then ... now!

Not wishing to taint the "Comp" thread of course, so if you have more info to discuss on "covid",

Please slip over and add your point of view on "Craton's Covid Journey" thread or any other covid threads. Cheers.
 

Sdajii

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I have possibly missed some of your recent posts @Sdajii , but perhaps a "welcome back" is in order??

I recall back in the early "Covid" days you were outspoken and unrelenting in your assessment of Gov protocols etc.

At that stage I was "uneducated", but assuming you still have a similar opinion, I suspect I may agree with everything you were saying back then ... now!

Not wishing to taint the "Comp" thread of course, so if you have more info to discuss on "covid",

Please slip over and add your point of view on "Craton's Covid Journey" thread or any other covid threads. Cheers.

There haven't been any posts to miss for a couple of years. If I was to post about the issue now I'd still be saying the same things and have mostly the same people get angry and argue in the same way and it would be just as pointless, but it's brilliant to hear that you agree now. It was all overwhelmingly obvious more than two years ago to anyone who bothered to open their eyes rather than blindly believe the media and willfully ignore all else, and now you need to put in a huge effort to fail to see what's going on, but perhaps not surprisingly most people are still doing that, including a lot of people who don't believe the utterly absurd mainstream narrative (and instead believe in some of the insanity from the other side). Regardless of how much was calculated and how much was naively acting in good faith, you'd have to be beyond insane to still think more harm was prevented than caused by all the insanity, and only the utterly evil or incompetent could have acted to carry out the insanity.

I'm not sufficiently interested in getting into it in the relevant threads because the community is an already-open can of worms I just don't much fancy jumping into, and I think this post has already more than gone beyond what's appropriate in the competition thread, but if you'd like to discuss if with me personally feel free to get in touch - sdaji at sdaji dot com
 

Sdajii

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You have been in my thoughts also champ. Hope your living arrangements have improved. Cheers

I'm a little surprised not to have been long forgotten. My situation has certainly dramatically improved since I was last posting (around mid 2020, I think?). Around early to mid 2020 I was homeless and flat broke having lost almost literally everything I owned (right down to almost all of my clothes) and was struggling to obtain food and clothes. Definitely a tough time. The markets have certainly thrown some amazing opportunities at us over the last couple of years though, and once I managed to get a little bit of money scratched together and a stable place to live (I had a stupendous piece of luck and ended up living rent free in a gorgeous cottage in the forest for almost two years, ending just fairly recently) I quietly went to work on my new laptop trading with no distractions from work, business or anything else and spent lockdown full time trading and by late 2021 had a six figure portfolio. A fraction of what I had a few years earlier, but considering it was not long after being cold, hungry, homeless and things looking completely bleak, it felt pretty good. Definitely feeling back on my feet now and optimistic about the future, I think there are still some fantastic trading and investing opportunities on the market now (plenty of opportunity for loss too, of course).

I'm very glad to have had my knowledge of trading to draw on when I was suddenly at rock bottom in 2020 (for anyone wondering, I'd invested three years and all my money into setting up a business in Asia which was going to launch in mid 2020, and through the nasty luck as things transpired, I barely avoided being in debt but found myself trapped in Australia where I hadn't lived for the best part of 10 years, with my passport, 5 changes of summer clothes, my toothbrush and a mobile phone, and little else). Without my knowledge of trading it's likely I'd still be been living hand to mouth now, and some of what I learned came from this forum (I still remember posting here as a complete novice making some of my early trades, around early 2009 I think), and some of that from members who are still active now, so a sincere thank you to those people.

Sorry again to hijack the competition thread. Being remembered makes me inclined to get involved in some discussions again, I'll give it some though. Thanks again.
 
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My situation has certainly dramatically improved since I was last posting
improved ??

AWESOME !! onward and upward , sounds like you are going in the right direction ( sadly a lot of the world is going in the other direction )

my trading skills are minimal so don't worry about tripping over me ( i will hardly ever be playing in your game )

good luck
 

Sdajii

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improved ??

AWESOME !! onward and upward , sounds like you are going in the right direction ( sadly a lot of the world is going in the other direction )

my trading skills are minimal so don't worry about tripping over me ( i will hardly ever be playing in your game )

good luck

Almost anything other than imprisonment, active torture or death (not even entirely sure about that last one) would be an improvement compared to where I was about two years ago. In some ways my life is about as good as it was in 2019 and I'm cautiously optimistic that for me personally it will continue to improve for a while. The state of the world is terrible and most people will be worse off for many years to come, but there are plenty of opportunities when there is change, and we've certainly seen a lot of change in the last couple of years, so some people are definitely thriving. For most of those just wanting to play the standard 'job, mortgage, family' game, yep, it may never again be as easy as it was before 2020.
 
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but what is coming , could be the opportunity of a lifetime ( for you )

you have recent experience of tight budgeting , ( unlike say the government ) you will be in better shape than most

remember keep a low profile ( success breeds jealousy )

cheers

it didn't have to be this way , but here we are
 
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