QUOTE(Boon3 @ Oct 27 2014, 11:02 AM)
Anyone taking a look at BJauto? I am thinking of loading up more today after the recent correction in the stock market.This post has been edited by Le Don: Oct 27 2014, 01:05 PM
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Oct 27 2014, 01:04 PM
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354 posts Joined: Aug 2014 |
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Oct 27 2014, 01:40 PM
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Oct 31 2014, 09:18 AM
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Bjauto and Pmetal rallying this week
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Oct 31 2014, 09:55 AM
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QUOTE(Boon3 @ Oct 31 2014, 09:34 AM) So happy nia! I guess you pulled the trigger and jumped into PM. Did you check out the aluminium spot prices and its charts as suggested? * I will be holding Bjauto longer for now. Waiting for the next quarter report before deciding to continue buying. This post has been edited by Le Don: Oct 31 2014, 10:00 AM |
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Oct 31 2014, 11:19 AM
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QUOTE(Boon3 @ Oct 31 2014, 10:00 AM) I do not think you should regret.... Thank you for giving your opinion on Pmetal. The stock price clearly follows the trend of the aluminium price.cos this example CLEARLY showed you something....... *whistle* which is............... you DO NOT have to chase the lowest price to make money. you can make money EASILY from a stock that is going up.... and actually if the reasoning is solid enough.... it's actually a much SAFER way to play the market. here's the reasoning...................... we can see the aluminium spot prices rallying strongly this year... ![]() Yes, there was a sharp pullback near end of last month...... but since then.... the prices had been rallying again.... compare to the yearly chart of PMetal.... ![]() we can see the strong impact/correlationship with aluminium spot prices... now since Pmetal was doing poorly last year (making losses lor PMetal prices were rather week to begin with...... Thank you for input. The chart clearly shows but with aluminium prices SOARING.... the market cannot but ASSUME that PMetal profits soar also.... ***note PMetal's profits yesterday showed clearly that the speculations were spot on! *** it's a justifiable speculation.... So soar indeed.... PMetal flew on the back of strong research house buy calls too! but when aluminium prices tumbled mid Sep.... PMetal stock prices went into a tail spin too.... and the stock price correction was sharp too....... BUT once the aluminium spot prices recovered...... PMetal stock price also recovered........................ *NOTE* not all aluminium related stocks will benefit. Take PMBTech for example... (saw this cos PMBTech also reported its profits yesterday) The company is very much aluminium related... but it uses aluminium aa a raw material... hence when aluminium price increased.... PMBTech profits will be impacted.... I agree that buying a stock during a pullback is hard |
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Nov 3 2014, 11:11 AM
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Bjauto really flying up this 2 weeks
Pmetal price very volatile |
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