Wednesday 1 June Sorry about the delay in reporting these transactions (I have been a bit busy) but on Monday I sold out of the two gold stocks and repurchased shares in battery maker Redflow (RFX) at a much higher price (57.5¢) than I sold (at 37¢) just three or four weeks ago. The sale … Read more
Saturday 28 May The value of the portfolio scarcely changed this week but its structure changed dramatically with an unusually large number of transactions undertaken. Six stocks were sold and nine were purchased (details of these transactions can be found in previous posts). So, a lot of running around just to stay still. And, as … Read more
Friday 27 May This morning I purchased the above stocks upon breakouts to new highs. Details follow. Shares in Adacel Technologies (ADA) were purchased at $2.57. The shares had formed a right triangle dating from December 2015 with resistance at $2.50. They broke through yesterday after announcing strong orders performance, with the move implying a target of perhaps … Read more
Wednesday 25 May Today I purchased some shares in Almond orchardist Select Harvests Ltd (SHV) at $5.82 after at broke out yesterday.
Wednesday 25 May Yesterday I transacted in 8 stocks, as shown above. The sales were all due to support having been broken, albeit only tentatively in some of them. It is disappointing given I had bought a few of them just a week or two ago. In more detail: – APX was sold at $1.925, a small … Read more
Monday 23 May Today I sold out of ACW at 8.2¢, a loss on the 8.7¢ paid earlier this month.
Saturday 21 May The performance of the portfolio picked up a little last week, mainly due to a 16% rise in AKP to very strong resistance at or a little above the current price of $14.30. AKP is by far the biggest holding in the portfolio, accounting for 20% of its value, so it had quite … Read more
Thursday 19 May Today I bought shares in Metcash (MTS) at $1.99 on the basis that yesterday it broke above strong resistance at $1.86. I also sold out of Talga Resources (TLG) at 24.5¢, a lot lower than my purchase price of 30¢ back in March, as they had broken support by making a lower … Read more
Wednesday 18 May Today I purchased shares in Sino Gas & Energy Holdings Ltd (SEH) at 11¢, following its breakout yesterday above resistance at 10¢.The company is a gas producer in China.
Tuesday 17 May The above transactions were executed yesterday. Shares in Focus Minerals (FML) were purchased at 43¢ on the basis that on Friday last week they broke through strong resistance at 40¢. The company is a gold explorer with a cash balance of $72m, not much less than its market cap. CDIs in Canadian company OceanaGold Corporation (OGC) were purchased … Read more
Saturday 14 May Performance this week was relatively static, with the portfolio down 1%. There were no standout performers either way. Purchases were made of APX and GOR, both previously held by the portfolio, while some of the FGR holding was sold. Nothing much else to say, really. Pretty boring. Portfolio 160513 Price movements in week … Read more
Saturday 14 May Yesterday FGR appeared to lose momentum and I sold some at 9.8¢, a reasonable gain on the 7.8¢ paid in March. I also purchased APX at $1.97 and GOR at 57.5¢. Both had achieved new highs.
Tuesday 10 May Yesterday I bought shares in Azure Minerals (AZS) at 4.8¢ and by the end of the day they had closed at 4.5¢. Not a good start.
Friday 6 May Transactions during the week included sale of CRB and RFX, and purchases of ACW, EXC, SMR and XTE. I also added to the position in FGR. I note that the shares sold in the previous week, being EDE, LIT, PLS and TAS, all rose, while the purchases made this week have turned out … Read more
Friday 6 May Today I purchased some more FGR at 11¢ after they broke upside from their consolidation zone. That was the top of the market for the day. In fact, on the ASX the high is shown as 10.5¢ and my trade does not show. Initially I was puzzled and then I realised it … Read more
Friday 6 May On Tuesday I sold the above stocks on what I thought were breaks in the trend. CRB was sold at 18¢, a good profit on the 10¢ I paid in March. RFX was sold at 37¢, the same price as I paid for them a couple of weeks ago.
Friday 6 May On Monday I bought the stocks listed above and until now have not had time to record them in the blog. Prices paid were: ACW 8.7¢ EXC 5.1¢ SMR 27¢ XTE 55¢
Saturday 30 April I sold most of the big performers during the week, including the Edencrete twins EDE and TAS, and lithium high-flyers LIT and PLS. The sales were badly timed as the shares had all fallen quite a way from their peaks and I should have sold when they first exhibited weakness. There is only … Read more
Saturday 30 April Yesterday I sold the position in PSY at 9.0¢. I had bought them at 9.9¢ just a fortnight ago but on Thursday they fell through support, albeit only tentatively. I felt I could not risk the possibility of them falling further, even though there is a chance they will quickly recover.
Friday 29 April Yesterday I sold the above stocks, on the basis of uptrends being broken, albeit for LIT and TAS they had been broken some time ago and at much higher prices. In more detail: -sold CXO at 4.2¢, had purchased them earlier in the month at the same price. -sold SYA at 4.4¢, … Read more
Thursday 28 April Yesterday I sold down some of my biggest gainers. I needed to raise cash for any new opportunities, and all four had broken short term uptrends. While well off their highs, the gains were good nonetheless. EDE was sold at 23¢ for a big gain on the purchase at 9.2¢ back in March. … Read more
Friday 22 April The portfolio saw another good gain this week, with YTD returns up a further 9% to 63%. Best performers were SYA up 50%, FGR up 23% and (at long last) AKP up 20%. But most of the new purchases did not do well. Always the way. Portfolio 160422 Price movements in week … Read more
Thursday 21 April Yesterday I sold half the EDE holding at 27¢ on the basis that during Tuesday afternoon it cut its short term uptrend. I had hoped to be there when it happened but wasn’t, so was not happy. TAS did likewise, of course, but I couldn’t bring myself to sell any given its discount … Read more
Tuesday 19 April Today I sold out of XTD at 22.5¢ when the chart broke uptrend. I had bought these back in February at 32¢ so it was a heavy loss.
Monday 18 April Today I sold out of BEAR at $17.79, a sizable loss on the $19.36 I had paid in February. This gave me room to buy some stocks that I had identified previously, being: Hannans Reward (HNR) at 1.7¢. Ooh!Media (OML) at $5.06 (why do they allow such stupid names!). Parmelia Resources (PML) at 9.8¢. … Read more
Saturday 16 April Another huge week with the trading portfolio’s return on funds up 22%, so that the YTD return on funds is now 54%. Awesome! Open the graph below and have a look – the line has gone near vertical. Gains of 47% and 50% were seen in the EDE/TAS twins, so that between them they … Read more
Thursday 14 April Earlier this week I injected some cash into the trading portfolio from sale of some assets outside of the portfolio, and used the funds to buy additional shares. They comprise: Panoramic Synergy (PSY) at 9.9¢. Redflow(RFX) at 37¢. Southern Cross Electrical Engineering Ltd (SXE) at 44¢. Sayona Mining Ltd (SYA) at an average of 3.81¢. … Read more
Saturday 9 April What a phenomenal week! The All Ords dropped 56 points but the portfolio was up 16%, so that the YTD gains are now 32%. There were outstanding gains in carbon nanotube hopefuls EDE and TAS, up 55% and 62%, respectively, plus excellent gains in lithium hopefuls LIT and PLS, up 45% and 36%, respectively. … Read more
Friday 8 April Yesterday I purchased CXO at 4.2¢ and NAN at $2.14, both based on their charts. I am now fully invested and if I want to buy something else I will have to sell something. Not a good position to be in really but it can’t be helped. Core Exploration (CXO) is exploring … Read more
Tuesday 5 April Yesterday I was keen to increase my holding in TAS, given the breakout in EDE. To do so I had to sell something and I chose three under-performers, being CVT, GOR and PNR. – CVT was purchased in February at 44.1¢ and was sold at 32.3¢, which was a huge loss. – GOR was … Read more