Monday, October 19, 2009

tips

GDA (Gondwana gold) is rising and is now about 6 cents. I bought it at .017 cents. Many of the small resource stocks are improving, but ABY is about 1.60. Even at 1.60 it is cheap and could rise to over 4.50. (it has in the past) . goto www.asx.com.au type in ABY (or GDA etc) and have a look. Go to charts and select 5 years and you will see their charted price history.
I purchased ABY in march 09 when they were only 11 cents because this company is well managed, and has paid a dividend before.
I, like most people, regret not buying more, but the market was so volatile and at its lowest, everyone had the jitters.
I've made some modest profits lately, albeit on a very small porfolio, but "little fish are sweet" as my father used to say.
I suggest you go to http://crazyjimsmith.blospot.com and consider joining the forum.
It costs $200.00 a year, but the members post tips and information. You get access to multiple views of what's happening and if you don't go into debt, and keep your cool, you could make some profits. Then you can buy things.


Remember we are not financial advisors..
Sampson management Services (SMS) educate and inform only...We are Asset Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach.
Ref standards:
AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

No comments:

Post a Comment

We are not financial advisors. We are asset management Risk consultants. We try to help you to make sense of the sharemarket minefield. You MUST take your own risks and make your own decisions. Therefore you must do your own research. Any comments shown are not those of the owners of Megamoneybox or subsidiary companies.