Hi non believer investors
It seems that my posts over the last years re: DPC has past
everyone by except me, by the lack of posts. (see sharechat
3 years ago, I said on sharechat DPC was a forgotten stock.
Dimebag on the other channel was saying the same thing.
I bought 17000 @ 65C , since then I have received 3-4cps
div every 1/2 year and last year they gave us FREE warrants as
well, I got 8500 ( half of my 17000 at the time). I then sold
most of my portfolo to buy more DPC + warrants which I mentioned on
sharechat and confused Snoopy and others with my cost accounting to find
a exit price of these warrants and ordinary shares.
I have since stopped buying now and slowly divesting DPC.
( Might buy a rental house in the slums.....another issue)
Today DPC is worth $2.75. Warrants AV $1.13 each.
Get your calculators out and I bet you this beats GOLD.
or most of the other subjects mentioned on sharechat.
........ yes other profitable stocks are not mentioned on sharechat
I have deleted a lot of sharechat lately as the subjects are
theoretical and theory which doesn't make you money. Most have
been repetitive and can be found many times in the sharechat
How to make money on the sharemarket at the moment is easy,
look at the company's shareprice graphs...anything that has be pointing
up for a longtime must be good . Anything that has been pointing
down for a longtime must be bad (NZ Stocks are in a
boom, so if a company can't make money now they NEVER will).
Believe in your common sense as this is your best
Yes do learn TA and FA and many others techiques. But do not get
"blinded by a single analysis" these scientific techniques are
tools, use them as tools of the trade. A Carpenter uses all
tools to build a property investment ( e.g house). He doesn't just use a
chisel, but other tools as well. A carpenter makes money by using his
tools (same as a investor) An architect uses theory, so does a scientist
to make their money, therefore sharechatters if you print your theories
,write a book, this may make you money ,as it is worthless writing to
sharechat about it.
I understood that Sharechat objectives was to pass on
information about shares that can make us all money...am I wrong?? At
the moment ,this is not happening.
Have a look at the other channel, and compare, then write back here
and try to beat their quality.....this is called competition.
An Investor doesn't clutter their brains with information overload
and subsequent attempts to decipher, as the result will often be
inaccurate. Hence the rule: keep it simple stupid KISS.
Last of all remember don't fall in love with a stock, nor over
analyse a stock............EMOTION KILLS.
Celebrating DPC gain again...not keen on champaigne .Waikato
Hope all for profitable investing
DISC Longterm investor Hold DPC WHS , BRY(
bad investment 1998 sits in bottom drawer). Rental houses and
If I sound simpleminded ,it is due to my degree in business
management studies, sorry.