Club Mulgoa

Wednesday, February 29, 2012

PCL

It went up to 17c today. My first parcel, 250000 shares, was bought at 1.3c in Apr 2009. It continued its upward ride to 3c-4c and then it remained pretty tame until last year. Once the big boys moved in, every investors wished they bought earlier.

When I topped up in Aug 2011, it was at over 9c. PCL didn't do that well after that and I wondered whether I have bought in too early. Well, looking back, it was a good move to buy whenever markets are dumped!

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