Forum Archive Index - September 2003

[Matt & Vanessa <vibez@paradise.net.nz>]

Mate, you've got 29 large in Freightways?  It scares me to think about chunks that sizeable in just one investment.  However looks like they haven't let you down today.  Stag it while you've got a chance!!  There should be some nice loose change to redeploy.

 

It surprises me that they've managed to get so much for the business - surely freight & courier margins can't be that great....?

 

smasha

 

 

 

 

The basic concept I use is "buy any thing that looks like it will increase
in value'' and sell it when it does.
I buy in $29000.00 blocks to get the brokerage under $30.00, if the shares
lose $1000.00 sell if they make more than $1000.00, it means the brokerage
goes to $90.00, so I buy $20000.00 more split them wait and sell.
At present I am takeing a risk, its called lack of diversifacation, and have
all my eggs in one basket FRE that will float at midday. I actually expected
my application to be scaled back, but it wasn't.
By mid afternoon I will be either happy or sad.
I hope this helps, I have made 12.9% since mid june. I have made many
mistakes if I were to look back but the whole game is about anticipation and
looking fowared.
Allan.