Name one ASX stock to have in your portfolio - long volitility

Discussion in 'Stocks & Derivatives' started by harry_mr, Jul 9, 2020.

  1. harry_mr

    harry_mr Active Member

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    I'm asking you to name 1 only (per post, as many posts as you like) ASX listed stock that is your would have in your portfolio and the reasons why.
    No need to argue about other peoples choices but am looking for input from others about these stocks.
    This is 'long volatility' which I would consider trading stocks up to 1 -2 years and volatility with 20-50% drops. Love hate stocks that fall in and out of favor.
    **No investment advice sought or given, for peoples research and interest purposes only in this thread.
    Ill start with WSA.ASX Western areas
    While I prefer not to use mineral stock this has a nice 1-2 year price cycle
    Pro's: Its ASX300 listed, mines nickel and copper which are not as volatile minerals over short term See pic
    Cons: None really, but I prefer other sectors such as Consumer staples or Health care.
     

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  2. SilverDJ

    SilverDJ Well-Known Member

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    Location:
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    Silverlake (SLR)
    Zero debt, $200M+ cash in the bank, and pulling gold out of the ground like crazy. Also sitting on a huge lot of capital loss they can write off to avoid tax.
     
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  3. harry_mr

    harry_mr Active Member

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    Yes I thought about SLR, it is loved and unloved at times, I was thinking a bit more of stocks where they are detached from precious in this thread, I will start another thread later on precious.
    CCL.ASX Coke is an example, it just gets consumed no matter what but its a little slow in volatility for that reason.
     
  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Location:
    Northern NSW
    WAF.ASX.
    I bought this in Nov 2019 for $0.42 (yes, with proceeds from sales of physical silver in Sep/Oct), and it is about to transform into a money printing machine.
    Currently sitting on a 150% return in 8 months, and I reckon it has quite a way to go with the gold price rising like it is. :)

    WAF.jpg
     
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  5. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Oh, and if you want a sure thing 150% return in the next 6 months, then here it is: :p

    trump2020.jpg
     
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  6. harry_mr

    harry_mr Active Member

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    I also own WAF, I bought it as a speculator but am keen to hold it for a while.
     
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  7. Markco2

    Markco2 Active Member Silver Stacker

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    IMC - Immuron

    I have had them in my portfolio for 8 years.
    Today was a very good day.
    Sold some and will hang onto the rest.

    6 month Chart
    [​IMG]

    Cheers Markco2
     
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  8. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Does Phoslock Environmental Technologies (PET) count? I made a number of purchases when the stock was in the $0.90 - $1.30 range so I've cleaned up in the volatility stakes. :(

    I'm going to keep them long term though.

    Pros: claims to have a solution to cleaning up polluted waterways and there's no shortage of polluted waterways in the world.
    Cons: exposed to China which is also a goldmine if sovereign risk can be minimised.
     
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  9. Markco2

    Markco2 Active Member Silver Stacker

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    Hey Shiney,

    This one is yours.
    The RSI is looking fairly low which points to either it's oversold, or no one wants it judging by the volume.
    Maybe a bit more side movement for a short time before an up-tick.

    As long as you make some money, that's all that counts.

    [​IMG]

    Cheers Markco2
     
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  10. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    ^ cheers @Markco2, I may look to buy some more, have to sell some gold stocks though which always hurts, or maybe the ATO may be kind :D

    Edit to add: coz I know the fkn donkeys haven't been kind lately :oops:
     
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  11. harry_mr

    harry_mr Active Member

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    Nice to see some life here, Ill have a look at both of them.
    I saw a portfolio balance that struck a chord with me and was hoping to share enough tickers with others.
    There are a few more to come, PM me if its of interest.
     
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  12. Grizzly

    Grizzly Active Member

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    NWH.AX One of the best mining services companies around. Mining services is an interesting way to deliberately play the cyclical nature of the mining industry. Plenty of money to be made between the peaks and troughs.
     

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