Club Mulgoa

Friday, October 08, 2010

Multiplication effect

I made a huge profit out of AND. And I don't want Canadian shares from the current takeover. So I sold AND on the ASX. With the money.... I bought VOR, AVB, AUQ, MLX, MDA, GMM and very, very few loss-making stocks. And I got rid of MQG (short term non-performer) to make way for more mining stocks.

VOR has doubled and my star performer AVB has been a "ten bagger" (jumped 10x in value) within 2 months. The other named stocks have also risen significantly. I lost out on SER but I have patience. Wife is happy with me!

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