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Junior Member
Originally Posted by Chanchay
Evening all, after selling out faster than herdlicker I am now considering purchasing back in. However I have managed to avoid any kind of trader approach up until now. Can anyone give me some advice of the likely consequences of doing so?
Hair loss?
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Member
Originally Posted by Jeff
Hair loss?
Thanks, I don't have an issue with hairloss just a few Grey's.
I should have been more specific, I was meaning tax issues, would I automatically be deemed to be a trader by ird, would this extent to all shares purchased and sold?
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Originally Posted by Chanchay
Thanks, I don't have an issue with hairloss just a few Grey's.
I should have been more specific, I was meaning tax issues, would I automatically be deemed to be a trader by ird, would this extent to all shares purchased and sold?
should be okay..don't let them know..n don't do often...
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Firstly I am going to have a little gloat given my sell down was at the [current] peak and the SP is now trading at 2/3 of my average exit price.
The ones I still own are still above what I consider a sensible price for the company at the present moment in time, though of course the market and I seldom agree in the short term.
This whole trader/investor thing re-occurs with regular monotony on the forum, even a tax adviser would ask a lot of questions before providing any form of guidance and I am not going to put my paw in except to say:
If I was a trader I would not be buying into KTD again at the moment;
and if I was an investor I would not be buying into KTD again at the moment.
Do Your Own Research
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Member
Originally Posted by Chanchay
Evening all, after selling out faster than herdlicker I am now considering purchasing back in. However I have managed to avoid any kind of trader approach up until now. Can anyone give me some advice of the likely consequences of doing so?
What did you end up selling for? I'm also looking to buy back in once things have settled down.
My intention was to hold long term and only sold due to the huge gains in such a short space of time.
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Oz shares are full of shorters....can not be kept too long...
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On the way up again .60 atm !
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Originally Posted by Snow Leopard
...If I was a trader I would not be buying into KTD again at the moment;...
That was so yesterday...
I must admit that if I was a trader I would have been in at the open this morning, then worried that I had done the wrong thing, then enjoyed the ride.
But I am not so I didn't.
What will tomorrow bring?
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Member
Originally Posted by King1212
should be okay..don't let them know..n don't do often...
Thanks King,
I hope my general long term investment behaviour outweighs this slight indiscretion.
Tipsy, I ended up selling for 73c so I was quite pleased with that.
I thought about buying back in at around 50c yesterday but missed that boat and purchased Weebit Nano instead as a longer term bet, and I very much consider it a bet.
I am in the same position, I intended to hold but I couldn't look past the 100% gains in around a month or two. I will look to get back in if the share price nudges 50c again.
I have been trying to limit my exposure to shares recently, but I am struggling to keep money sitting in an account doing f all, I think we might have another year or two in this bull.
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Member
Originally Posted by King1212
should be okay..don't let them know..n don't do often...
Originally Posted by Snow Leopard
That was so yesterday...
I must admit that if I was a trader I would have been in at the open this morning, then worried that I had done the wrong thing, then enjoyed the ride.
But I am not so I didn't.
What will tomorrow bring?
Can't always be right snow!
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