Club Mulgoa

Tuesday, February 12, 2013

Recent purchases

My portfolios have been suffering so I have nothing to brag about.  The small resource stocks are badly hit no matter how good they are.

Of the recent shares purchased, some are indifferent (PVD), some are down (CDU, RRS) and some are up (JIN, KAR, NEN).  Luckily, it comes to gains overall.  Good news do not equate to rises and rises.  And often patience pays.  I like to buy when there is good news, better if the share price is down but I am not always willing to wait.  Wonder how long before the resource sector turns...

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