Forum Archive Index - January 2000
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[sharechat] SVY and AQL
Another strong performance by SVY today (rising 25% compared
with a 2% fall in NZSE40 index). Unfortunately I didn't ride
this wave well and exited my position before lunch @.077, but
only found much to my horror that the price even went much
higher towards the end (insiders at work I suspect). With the
help of Richard Brook at DFMtrade I was able to recover half of
my original holdings @.082 to break even with my initial entry
price. Well, at least I participated the action and contributed
financially to DFMtrade in terms of brokerages in the process.
The performance of AQL became softer in the afternoon, which I
suspect might be a result of people switching funds from AQL
into SVY. But both stocks have strong upside potentials (despite
I momentarily lost my faith in SVY). Well, despite the risk of
being labeled as arrogant, I am happy to share my personal
experience and thoughts with others in the group. Again, I am
very gratuful to Ben Dutton and Co. for providing opportinity to
share others' experiences and wisdom.
Osbert Sun
(Disclosure of interests: I have spoken many stocks, but none
has risen because of my talk. So I'll say the prices of AQL and
SVY are going higher shortly but don't buy them because I'm
talking them up!)
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