I caught the top which feels pretty awesome lol Thankfully it was only the minimum as a test. I saw CCU dip to 0.77 this morning, nice buy if you caught it.
Big smack down across the board today everything in the red not just resources. Bugger I was hoping to offload some shares to put into another investment - but at current prices I'll hold on and see how it looks later on.
Only thing Im scared about investing in stocks is when the next collapse happens? Wont even a Silver stock/company suffer big time, even for a short while? CCU looks like a good buy, but I just don't know..
Glad I got out of everything. I think I will stay out for a while. In one week I think the general market will be particularly bad.
in any collapse people will sh=t themselves for sure and pull their money out of everything, then put money back once they have digested the situation
just bought SVL shares and thinking of getting AYN this week, how long should i sit on these shares for a year or 2?, im really new to shares so im not to sure!
Wow - no offence but perhaps you should do some more research before plunging into further stock purchases. You really should have an exit strategy up front, e.g. a target price point either above or below your entry price, or a strategy where you would either increase or decrease holdings based on price points or company announcements. Don't just buy a stock and "hold".
Uranium Stocks are taking a pounding today Bannerman, Territory Uranium, Paladin, also Rare Earths like GGG, Arafura.... The Earthquake, Tsunami, Nuclear threat in Japan has slammed the commodities (Japan a big consumer). Japan is gonna be in a bad shape after this, economically it could set off an Aussie dollar crisis.
Not sure on this - manufacturing need for commodoties down reconstruction need up - I'll sit on the fence and see which way this one swings (I suspect it will roughly even out). Impact on uranium miners in Aus - minimal (IMO) plenty of people wanting uranium around the globe.
Probably what should happen, but with 15 trillion yen being pumped in I think the net outcome will once again be commodity inflation
I sold uranium stocks first thing this morning, waiting to buy it back at a discount. Loaded up on more AYN when it hit $0.06
I think Uranium has bottomed out, Bannerman Got hammered! Paladin, ERA, all over the spectrum Uranium got slammed. As far as I can tell the spot price for uranium has not gone down, I think people are spooked regarding uranium in australia, because of all the evironmental doom sayers like Bob Brown and others, who create pollitical risk.
