Tuesday, October 12, 2010

No Action Yesterday

A very poor day yesterday bought into ADU and CHN 10,000 of each needless to say both went backwards by the end of the day.
ADU and CHN are both African gold miners but on different sides of that continent one Ghana and the latter Eritrea. These two are not short term trades as I fancy both companies to exceed $1.00 by the end of the year.
Other short term trades are all negative with PSP dropping 2 cents from entry to 22 cents.
OGC still been dumped at around $3.75 hopefully whoever is dumping will be depleted soon.
ROL still trading up and down mid/low $1.90's with little interest in it.
Had a bid in on IAU at $1.645 it dropped to $1.65 and traded back up so I missed it went shopping instead.
Hopefully today is a better day.

2 comments:

  1. Hi, how are you? i found your blog have good information and i will back for another update from you.

    Cheers
    Angel

    ReplyDelete
  2. Hi Angel, this is not advice here, its my trading hopefully I never have to work for anyone again, when the market is going up its always easy to make money.

    ReplyDelete