Club Mulgoa

Friday, January 28, 2011

PDY

HOR made a good announcement last week. Its share price sprang up instantaneously. In Hotcopper, someone asked about nearology. It is virtually enclosed by PDY. PDY has been rising slowly, without any spring in it. Because it is worth under 3c a share, I am contemplating adding it to my portfolio as a trading stock. I used to do that with IOH but sold just too early. However with IOH, I made a few hundred bucks with each trade so I can't complain. When you add it all up and annualize the gains, then it is quite spectacular.

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