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From: | Holden Glova <dsafari@paradise.net.nz> |
Date: | Sat, 21 Sep 2002 11:35:40 +1200 |
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On Thu, 19 Sep 2002 11:24, Harold J Skinner wrote: > Just a tip to consider from the Sydney's Master of Australian shares on his > radio show last night > > Believes first resistance is 90 cents 2nd resistance $1.30 (My wording not > Rivkins) > in $AU figures > > They have 18 cents in cash per share > As it is an Oilstock it also has a low side of dropping to 22 cents from 30 > > He considers it a *semi-risky* investment so take care and do NOT get > carried away > > His wording (approximately) was along the lines of a $2000 investment > *maybe* going to $6000 then possibly to $8000 with a downside of $2000 > investment falling back to $1500 on gloom news > > This is a risk investment and as with *all* oil stocks event driven! If > price at any stage drops 25% consider SELLING > > Example if they hit 90 cent then retrace to 68 cents SELL and so on > Do NOT get carried away on risk investments consider the downside FIRST > > Renč Rivkin is a old timer with the Share Market always going to court on > accusations of insider trading > I personally think he has a lot of jealous enemies. But many find the guy > spot on (He is a fundementalist NOT a graphist) Hi folks, A while ago, Nick suggested that we do littel "study stocks" to help disseminate the vast trading knowledge present in this list. I see he has opened up LHG as a study stock, I would like to contribute to this post later today/tonight, but I also thought that this might be a good one to examine from a fundamental POV. The reason I wanted to examine this closer was because it is claimed he is a fundamentalist and is rarely wrong. I wonder what catches his eye. I will look into this later today/tonight as well and present my thoughts/findings along with LHG. Great resource this list - thanks to all for insightful information. - -- Signed, Holden Glova -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.0.7 (GNU/Linux) iD8DBQE9i7DN0X8w8X71zPcRAo1KAJ92EzUvHO8c1GcmHmVBlguLYuH6zQCcDApn /3CQJi+JshW06Exnf7/CvOY= =Tr0p -----END PGP SIGNATURE----- ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/chat/forum/
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