Club Mulgoa

Monday, July 17, 2017

AKP

Not so sure if I did the right thing buying this stock.  It uses new technology for making loudspeakers.  I have read a few reports on it but being a novice, perhaps as Warren Buffett said... only invest in what you understand, I could end up being a sucker :-(

I could lose everything or it could be at the forefront of sound technology.  What I am glad today is I bought it at the trough for today.  Tomorrow it might go down further!

1 Comments:

Blogger Club Mulgoa said...

Usually, when I buy, I expect share price to drop or plunge AFTER the transaction. And this is a relatively unknown technology to me. It does sound good but I am not a sound engineer.

Hence, it feels great that with ASX 200 falling, AKP has gone up. Anyway, it is too early to blow the trumpet.

5:21 PM  

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