1. Most Discussed
  2. Gainers & Losers
ASX $63.05

stocks and stocks; will they all make money?

  1. stolwyk

    22,691 Posts.

    Looking at gold stocks, one sees that superior stock whick makes money "without even trying".

    Then one has the middle-ranked in the price range say 50 cents up.

    At the very bottom the languishing stocks; sometimes they get an opportunity to move on to a higher level (LEG), mainly because of deals either done on a cash basis or earning in and they strike it reasonably rich.

    Will SHN belongs to that group as well?

    HCY, KCG and others also want to belong to that group. There are risks of course, and often an investor's stock becomes a gambler's stock.
    _______________________________________

    Someone from HC drew my attention to the fact that I was increasing risk over time. True.

    I am more used to discussing stocks which also have a good deal of risk built in but don't form part of a gambler's portfolio.

    If one has an image of having stocks, eg NRT, PGL, OXR, EQI, HDR, AIA, MHI and others, then one needs to ensure that not just any stocks cross the threshold.

    However, I can't complain about AAM, LEG and I hope, SHN to come.

    Gambler's stocks can have upside of course.
    Sometimes, one omits one because "something isn't quite right". Perhaps an executive Director has a history or the deal wasn't quite fair. Whatever.

    And if one turns up trumps and one hasn't got any shares?

    Tough luck but there is always another one!


    Gerry

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.