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Thursday, October 19, 2017

Market boring ..stock selection time

Hi readers

Markets made a little move today with the 30 year Anniversary of the 1987 crash ..
All it really did is pour money on the sidelines into the market, and the market bounced back..
While the negative astrology is still around I can't buy this market at all..
yes I've missed the run and accept it but until the negative aspects waning there is no astrology positive to support an up move .
Sure astrology could be wrong but I can't ignore what of used my whole trading life.

Stocks
I put these out on Twitter for all to look at and keep an eye for.
After the 26th of October these stock will start getting a nice move on.
Both have good astrology which will propel them a lot higher than what they currently are.

ABR..this stock can 5 or 10 fold from 40 cents.
GSC...this stock can 5 or 10 fold from 22 cents.
SE1 ..this stock is just a trade as will will fall after May next year.

I do not own any of the stocks above but will look to start buying after the 30th of October.

On our other trade Bub many of you have emailed regarding the top 20 holders and where the company is going.
The top 20 holders is nothing more than a retailers exercise to see who has skin in the game.
I can assure you that smart investors who don't wish to be disclosed can and often do split holding across many companies/trusts and off shore accounts, as not to bother with bullshit asx paperwork compliance.
All that does is expose to local broking house and funds who is holding stock.
Pointless exercise to retail but huge to funds under management.

Bub is dormant at the present time slowly creeping up as it should, for its next assault on the $1+.
Everything is going better than expected with the biggest issue still is meeting demand.
It's struggling with back orders yet unable to produce more product.
Yes we are almost at the point where another price increase is coming.
Those who don't hold any consider it or just watch the move ...
It's won't be straight up but it will only just gain in price value.

Disclosure
I do hold Bub shares and farm Pride shares.
The above is by no means out to convince you or influence your discussion making process towards the above stocks mentioned.