Club Mulgoa

Tuesday, January 18, 2011

Good announcements

Sometimes when there is a good announcement, I buy the share while it is low. But how it performs thereafter, can bear no logic. ELMO went northwards when I topped up but GGG went nowhere when it announced another area with REE and uranium near the main deposit in Greenland.

Not quite an ASX announcement but Mr Andrew McCrea has spoken about SHH. He is the new guru in Proactive. Follow him closely! I did not buy any because the share price shot up like a He balloon after his assessment. Looks very good but I put a low price first and if it comes down, I will pick up some under my wife's portfolio. And if it continues to float upwards, I will look for another exciting share.

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