Wednesday 11 November Today I sold the APX position at $1.49 on the basis that its chart pattern appeared to have broken down. I had purchased them at 90¢ in September so it was a good profit. They finished the day at $1.47. I also sold out of IPD at $1.00. They had been purchased in September at 95¢ … Read more
Tuesday 10 November Today I sold the holding in AJM for 4.6¢, making a small profit on the purchase price of 3.9¢ about a month ago. Already regretting it. I also bought into the following: Collaborate (CL8) purchased at 2.4¢, closed at 2.6¢, mkt cap $9m. Raya Group (RYG) purchased at 3.0¢, closed at 2.9¢, … Read more
Tuesday 10 November Yesterday I made the following purchases: Dubber (DUB) purchased at 48.5¢, closed today at 61¢, mkt cap $28m. Firestrike (FIE) purchased at 5.5¢, closed today at 5.5¢, mkt cap $5m. Metals of Africa (MTA) purchased at 7.3¢, closed today at 7.3¢, mkt cap $12m. Dubber is a startup saas tech offering voice … Read more
Sunday 8 November The portfolio did not make any headway last week but at least it did not go backwards, with YTD gains maintained at 18%. Good gains were made by ADV, PSY and APX but these were offset by a fall in BRN prior to sale. The biggest change was selling out of BRN – … Read more
Saturday 7 November Yesterday I bought the following stocks purely on the charts albeit I have one eye on whether their fundamentals could possibly allow for substantial gains: Big Un (BIG) purchased at 27¢, closed at 24.5¢, mkt cap $14.1m. Metallica (MLM) at 6.2¢, closed at 6.5¢, mkt cap $10.8m. Smarttrans (SMA) at 4.5¢, closed … Read more
Thursday 5 November This morning I sold the remaining BRN at 31¢. The shares had bounced from yesterday’s close of 28.5¢ and I decided to cash in my chips. I just feel that after the blowoff and correction on Monday through Wednesday, the stock may have a lot of work to do before going much higher. … Read more
Tuesday 3 November This morning I sold half the BRN holding at 35¢ because it broke the short term uptrend line earlier in the day. In fact it dropped to 32.5¢ at one stage. The stock is arguably still in uptrend on the daily chart.
Saturday 31 October The portfolio finished the week up a modest 0.8%. It went very well in the first couple of days, up 4.1%. But Thursday saw a fall and Friday was static. Best movers in the week were APX up 20% and BRN up 13%, but GMM fell 13% and PSY fell 11%. BRN is … Read more
Tuesday 27 October Today I sold ICQ at 81¢, making a small loss on the purchase at 83.3¢ earlier in the month. I also sold IPP at $3.42, making a small gain on the purchase at $3.28 earlier in the month. In both cases, I felt the shares had lost momentum. ISX fell heavily during the day and broke … Read more
Monday 26 October Today I sold the remaining AJX at $1.065. They rallied sharply following a news release and I took the opportunity to sell.
Friday 23 October It was another good week for the portfolio, up 4% to a YTD gain of 17%. Good gains were made by ISX up 25%, SSM up 13% and BRN up 12%. In contrast, AJM fell 10% and is toying with breaking an uptrend line. Sales were undertaken in AJX in which I sold … Read more
Wednesday 21 October Today I sold the ZIP holding at $1.15 after they broke a key uptrend line. Unfortunately that was the low for the day and they finished at $1.205. Always the way. I console myself, though, with the fact that the uptrend line has been broken, and decisively so.
Monday 19 October Today I sold half the holding in Alexium (AJX, 92¢) at 92¢. Although the news flow is all positive the stock has lost momentum and I needed to sell something to finance other transactions. And I would rather trust the chart than the news. I also bought back at 33¢ most of … Read more
Sunday 18 October The portfolio did well in the past week, rising in value by 5% to bring YTD gains to 13%. Of particular note were large gains made by AJM and GMM, and it is probably no coincidence that both stocks are lithium hopefuls. No sales were made, but on Monday purchases were made … Read more
Monday 12 October Today I purchased shares in iCar Asia (ICQ, 82.5¢. mkt cap $205m) at 83.3¢ and shares in Touchcorp (TCH, $1.85, mkt cap $215m) at $1.90. Both had broken out on the charts.
Friday 9 October During the week half the BRN holding and all of the NTC holding was sold, while purchases were made in AJM, IPP and PPS. The portfolio made modest gains over the week, bringing the YTD gains to 8%. Falls in BRN and NTC were offset by good gains in AJM, AKP, GMM, IPD and … Read more
Friday 9 October Today I purchased some shares in fintech company Praemium (PPS) at 32.5¢. I have owned them in the past so am familiar with the story. In recent days they have broken a short term downtrend line and are within and close to their long term uptrend line.
Thursday 8 October Today I bought into Altura Mining (AJM) at 3.9¢ and iProperty Group (IPP) at $3.28.
Wednesday 7 October Yesterday I sold half the holding in BRN at 32.5¢ on the breach of a short term uptrend line, making a nice profit on the purchase price of 17.5¢ on 15 July. Today I sold the holding in NTC at $1.515 on the breach of a short term uptrend line, making a … Read more
Sunday 4 October The portfolio performed well last week, up 7% for the week and taking YTD gains to 6%. No transactions were undertaken so the fall in the cash position from 14% to 13% simply reflected the rise in the value of the stocks within the portfolio. By far the biggest riser in the week … Read more
Saturday 26 September During the week purchases were made in GMM, IPD, ISX and PSY, while the holding in VMT was sold. The portfolio recovered some value during the past week, leaving the YTD gain slightly negative. Highlight of the week was the relisting of Aziana (AZK) as BrainChip (BRN) and its subsequent 47% price rise. … Read more
Thursday 24 September Today I bit the bullet on VMT and sold at 29.5¢. While the fundamentals appear attractive, the chart is telling me otherwise. I also bought shares in lithium hopeful General Mining (GMM, 9.8¢, mkt cap $22m) at 9.2¢ based on a price breakout. Its partner Galaxy Resources (GXY, 3.4¢, mkt cap $38m) did … Read more
Tuesday 22 September 2015 Yesterday I bought shares in the following companies: Impedimed (IPD), price 95¢, mkt cap $279m. iSignthis (ISX), price 23.5¢, mkt cap $62m. Panoroma Synergy (PSY), price 23¢, mkt cap $116m. Today I bought the following stock: Ziptel (ZIP), price $1.33, mkt cap $82m.
Friday 18 September I forgot to post my portfolio last week, but here it is updated to the close today. Portfolio 150918. Good gains were made in AJX and NCT, and the portfolio value improved some 4%, but it is still down 8% for the YTD. No transactions took place this week and the cash position remains … Read more
Tuesday 8 September Today I purchased some shares in Vmoto (VMT) at 40¢. The shares have cut a downtrend line drawn across three declining peaks from the May high of 53¢. Technically speaking it is a high risk buy until it clears 53¢, but at least the downward momentum appears to have paused. Please refer to … Read more
Monday 7 September Today I bought some shares in Appen Ltd (APX, price 90¢, mkt cap $87m) at 90¢. APX is a software company producing voice activated systems. Guidance for CY15 is for EBITDA of $9.6-11.2m on revenue of $68-76m based on an A$ at US73¢. The decision to buy was based primarily on the chart.
Saturday 5 September The portfolio slipped 1% in value last week which took the YTD losses to 12%. Overall pretty disappointing. On Monday I repurchased BPF at 34¢ and I doubled up on AJX at 93¢. The cash position is now 48%. None of the stocks has yet breached any technical sell signals (with the possible exception … Read more
Saturday 5 September I forgot to let you know that on Monday 31 August I repurchased the BPF at 34¢ and bought more AJX at 93¢. I also tried to repurchase some HUB at $1.80 but it ran away from me and of course since then it has gone through the roof.
Sunday 30 August It was a bad week for the portfolio, down 6% during the period and taking YTD losses to 11%. When the market tanked on Monday I sold most of the stocks and felt much better for it. Then on Tuesday I bought some stocks back at slightly lower prices. All well and … Read more
Tuesday 25 August I bought back these stocks in the first hour of trading at prices a little below what I had sold them for yesterday