Club Mulgoa

Monday, February 27, 2012

Buy sell performance

In the last 2 months, I had put in low bids to buy and collected quite a few small parcels. Only IDL and EDE have been big disappointments, with VMS and ABU falling slightly. RIO was sold for $71 and it is now $68. I had to sell to realize cash to buy the maximum number of RIA shares (SPP) at 30c (now 43c). There were 11 stocks that showed rises. So I feel very smart considering the market hasn't been doing that well. The most impressive is NGE, from 46c to 66c. KAS earned a speeding ticket notice from ASX today :-)

The one I expect to do well some time in the future is... ABU. And IDL will turn when the market realizes it was oversold. VMS will be mining tin so there is always hope! And one day, EDE will be a lot more profitable.

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