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Zero volume on spec stocks - Has everyone given up?

LOL.

My point of emphasis was based on the fact that people buy specs because a 1 tick gain can equal massive gains. Of course the opposite applies.

Me? They call me Mr Cashman (and not the gaming machine from the early 2000's)
 
Take that...rewind it back...
10 cents to 10.5 cents = 5%
$40 to $42 = 5%

Which seems more attractive now?

Wouldn't you be buying either stock with a given percentage of capital so how does it matter? Am I missing something here? (entirely possible.)
If either stock rises 5% then your capital increases by 5% - makes no difference which stock you hold because you have fewer of the $40 stock.
 
Species are great. Tell me a $40 stock i can make 50% (before costs) in 6 weeks? Just sold this today. Mind you, i only throw small amounts on and limit myself to 4 stocks.

15/07/2008 NWT 250000 0.002 500.00 22/08/2008 250000 0.003 750 220.00

Long live the specs
 

BHP. think about it!!!




Ok still confused. Here is a hint. Options.
 
CFDs too ... DMA of course ;-)
 

But a $40 stock will very rarely lose you 50% in 6 days.
 
But a $40 stock will very rarely lose you 50% in 6 days.

Only if you sell that far down.

I understand (in very very basic terms) the options and cfd's etc etc, but my heart doesn't need the stress anymore ( 2 heart failures in the last 18 months). I take your points. I'm just a simple man with simple needs. Still, if you can make 50% on BHP in less time then i'd love be shown how and i'll paper it.
 

It means nothing to sprout "50% in 6 days" unless you know what was risked to achieve that single return.
 
It means nothing to sprout "50% in 6 days" unless you know what was risked to achieve that single return.
Well.......that's kinda my point as well. I'm happy taking small risks for 50% in 6 weeks. I don't have the balls to put it on the line like that. If that's what you do then i wish you the best and stand back in awe.
 
I'm not sure this is related to the last few posts but it certainly seems relevant to the title. A barometer of mood may well be the number of entries in the A-Z stock chat forums. Numbers are down big time. I haven't bought anything of late because I'm already fully committed with the cash set aside for shares. If the saying " well bought is half sold" is true there must be some good buying opportunities out there to be sold when either mood, sentiment or fundamentals drives a companies price up. I am very aware that the 'market' is skilled at putting a value on stocks. We are overweight in the small explorer/ developing energy sector and did well last year, we are still OK.
The fundamentals of these companies projects hasn't changed apart from commodity prices. Short term the northern winter approaches,longer term demands will increase. So I wait for buyers to return
 

Classic kennas, I love it!

PS Working out of cafes sounds nice, better than working out of a classroom full of smelly teenagers
 
There seems to be a relationship between the stock chat /general chat percentage and the red/green stock competition percentage. Plenty of green on the latter is followed by plenty of chat on the other. Too much red lately means very little confidence.
 
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