General Markets Talk
- Thread starter Jimmy_the_Gent
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AZS making a run at $4.
LTR worth jumping on @ current SP?
I think it will likely get weaker but could look to slowly start averaging in.
Nice volume on this AZS move today, happy I still kept 40%.
Trimmed AZS slightly at $3.97, think there is drill results due soon.
- Banned
- #4,107
A lesson to let your winners run
Bought NIS at 0.055 and sold at 0.069 (hit .120 today and currently .100)
Bought TG6 at 0.25 and sold at 0.32 (hit 1.25 and currently 1.00
AZL wouldn't put a buy order through at 018 on Selfwealth due to the amount being 'less than the minimum buy amount' (it was 10x the minimum). Their customer service couldn't figure out why. In the meantime that's run to almost bag even though I'd have sold for less, I missed out. They've escalated it but too late now
RAC had a great announcement and didn't even move the needle.
Watched volume flood into PIM and didn't buy under 20 when I knew I should have.
Terrible week of what ifs and maybes!
Bought NIS at 0.055 and sold at 0.069 (hit .120 today and currently .100)
Bought TG6 at 0.25 and sold at 0.32 (hit 1.25 and currently 1.00
AZL wouldn't put a buy order through at 018 on Selfwealth due to the amount being 'less than the minimum buy amount' (it was 10x the minimum). Their customer service couldn't figure out why. In the meantime that's run to almost bag even though I'd have sold for less, I missed out. They've escalated it but too late now
RAC had a great announcement and didn't even move the needle.
Watched volume flood into PIM and didn't buy under 20 when I knew I should have.
Terrible week of what ifs and maybes!
Can't go broke taking a profit. And I've been up on stuff, not done so and it's eventually tanked.
I think the best strategy is to take a bet each way, sell a certain % to maybe get your original investment back at least and let the rest run.
I think the best strategy is to take a bet each way, sell a certain % to maybe get your original investment back at least and let the rest run.
- Banned
- #4,109
I locked away the equivalent of my weekly salary while sitting at work so it's good, but what could have been...
Really need to set some sell targets and sell incrementally but involves watching charts more than I have time for.
SM
Bigfooty Legend
That's exactly what I tend to do.
GMD I think is work a look on further gold pull back.
Did get too expensive back in September so can understand that position. I own a fair bit @ av of $1.21 but will add in the maybe the 1.30s, things have also changed a fair bit since them with them taking control of Gwalia.
Shorters are worth watching closely but aren't always right either, at one they bet big against Raleigh Finlayson back at Saracen and got smoked.
The PLS short position is pretty nuts The Cryptkeeper , 17.55% 
Mofra
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Always worth noting. I was close to buying CXO until I saw them on the top-10 most shorted ASX stocks.The PLS short position is pretty nuts The Cryptkeeper , 17.55%
I would have been either stopped out, or gotten completely pantsed.
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As usual, my advice goes awry*.
It does look like the US 500 (S&P 500) and US Tech 100 (NASDAQ 100) are putting in temporary tops, though:
Buying:
Both expiring on 19/1/2024.
seems like a decent idea. Given the liquidity that's yet to enter the market, I'd go for put spreads. Of course, if you prefer a bit more risk, then go for puts.
A rule of thumb I use is that puts should be 6-8 weeks out, so volatility doesn't sink you too much if your timing is off.
*In the second post. The first post worked surprisingly well.
It does look like the US 500 (S&P 500) and US Tech 100 (NASDAQ 100) are putting in temporary tops, though:
Buying:
- puts for 4575, or a put spread at 4575/4375 for the US 500; and
- puts at 16000, or a put spread at 16000/15200 for the US Tech 100
Both expiring on 19/1/2024.
seems like a decent idea. Given the liquidity that's yet to enter the market, I'd go for put spreads. Of course, if you prefer a bit more risk, then go for puts.
A rule of thumb I use is that puts should be 6-8 weeks out, so volatility doesn't sink you too much if your timing is off.
*In the second post. The first post worked surprisingly well.
Just made a little trim of AZS at $4.19
- Oct 9, 2006
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- Super Tottenham....from the Lane.
The PLS short position is pretty nuts The Cryptkeeper , 17.55%
Yeah, it's been a wild ride lately but the expectation is that the lithium price will rebound as demand ramps up in 2025/26. I'm long on PLS and AKE as you know mate. I am especially bullish about AKE after last week's announcement of a pending merger with Livent. I'll keep holding for as long as I can on them.
Onwards on upwards.
- Oct 9, 2006
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- Super Tottenham....from the Lane.
Yeah, that looks sus.
Stop down ramping mete.
Only real micro cap I have or have ever had is TRE.
Which I haven't even bothered to look at for ages... only have about $3k slightly in the red.
Which I haven't even bothered to look at for ages... only have about $3k slightly in the red.
