Interestingly, I was going to flick a few at $3.15 when it appeared to stall, to see if I could pick them up again cheaper. Pretty happy ASB crashed on me and I couldn't get the trade to go through!
I take back all those things I said about ASB
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Unfortunately I am missing out on the excitement here, stayed out as it seemed pricey for what they are forecasting at the moment. What am I missing here?
My average price is about $2.85, but I'm hoping they will eventually be about 30AUD which is just under the closing price of Corporate Travel Management or CTD on the ASX. I can see Serko on a similar trajectory over time.
I intend to hold on to this stock for 5 to 10 years. If I'm really lucky they might skyrocket like Xero did between February 2013 to March of 2014 to over $40 per share before falling back to earth before climbing up again. If it did go over 30AUD I will be selling and setting myself up for life.
its been in the wings for a while
some good charting here....
i bought more a few weeks ago as a result .. And the charts are very educational along with the future prospects of the company .....
nothing wrong with ramping and join the up trend. Just get out if the pan gets too hot or it falls below the 50 MA OR WHATEVER YOUR EXIT IS .
THIS IS 12 % Of my holding .
Exactly. I think the market has been a bit flat of late so people are getting a bit jibberish in their excitement to see something move up a little. Sure the charts look good etc, but fundamentals are key. Really waiting for a few more deal announcements myself before getting too excited.
Speeding ticket coming up?