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Braemore Resources Uses Cutting Edge Technology (BRR)     

DBennett09 - 15 Nov 2007 19:15 - 178 of 810

I know the feeling, I tend to sit and watch a sp rise. I hesitate when buying and when I do, it's usually a bit late! I think its a fear of losing money! lol.
I prefer day trading less risky stocks and take small amount really!

HARRYCAT - 15 Nov 2007 22:22 - 179 of 810

Don't give up DB09. The fear of losing money is the best way of staying sharp, imo.
The first trade I ever did was 250 each with a friend. That was loads of money for us at the time & we sweat buckets with worry! Just try & win more than you lose. My strategy with this one, bearing in mind that the stock market is looking shaky at the moment, is to lock in profit when I think I would be p*ssed off if I lost it. You can always buy back in on the dips.

DBennett09 - 15 Nov 2007 23:29 - 180 of 810

Yes, it's a nail biting game for sure. particularly with low priced shares. Be interesting to know what indicators people use for their buy/sell signals.
Daytrading the volatile banks recently has been easy money, though small amounts! Still lots to learn about market trends etc but lose less these days.
US down again so may be a slow day tomorrow, all back up monday! lol

teddybear5 - 16 Nov 2007 00:05 - 181 of 810

imo if you are in brr its not for the faint hearted dont look at the quick profit look at the long term gains nothing is going to happen untill the contract with bhp is done then imo if you stick with brr you will be on a winner but it is going to take 2 maybe 3 years before brr start to process the tailings then we may start to see where this company can go could even be another bhp.

Toya - 16 Nov 2007 07:57 - 182 of 810

I agree with Teddy on this one - your best profits will be if you just sit on your stock, and increase when you can; that's been my approach anyway.

mitzy - 16 Nov 2007 08:56 - 183 of 810

sub 22ptime to buy according to rhps.

canada1 - 16 Nov 2007 09:11 - 184 of 810

Anyone remember the Thermalite block story ?, brr looks similar

Toya - 16 Nov 2007 09:22 - 185 of 810

Mitzy, please excuse my ignorane: what does 'rhps' stand for?

HARRYCAT - 16 Nov 2007 09:28 - 186 of 810

You may well be right, teddy. But surely if that is the case & nothing is going to happen with BRR for 2-3 years, you would be better putting your cash in another company with short term gain potential & then buying BRR nearer the time?
It's very unlikely, but what happens if there is a world glut of Nickel in 2 years time?
If taking profit is frowned upon here, at least top slice to reduce the risk.

oilyrag - 16 Nov 2007 09:29 - 187 of 810

MM's moved price down early, then after 3 million shares sold the price is the same. Me thinks they want to sell them back at a nice little profit. I'm staying put for now. Tree shake, definately.

Toya - 16 Nov 2007 09:34 - 188 of 810

Harrycat: I think the contract with BLT is set to be signed by end this year - but that's just rumour. However, if that does happen, then clearly the price will start to move from thereon - which is not very long term in the first instance, is it? Then a steady climb I reckon.

oilyrag - 16 Nov 2007 09:39 - 189 of 810

If you look closely the selling price is actually going up slowly, prehaps they have a large order to fill.

DBennett09 - 16 Nov 2007 09:42 - 190 of 810

Im out for now, took a hit but cut my losses! Will try to get back in at a cheaper price!
Bit too much selling for comfort!
Best of luck to all that hold, im certain of good things to come

canada1 - 16 Nov 2007 09:50 - 191 of 810

All the trades at 21.6 and 21.74 are buys

Toya - 16 Nov 2007 11:51 - 192 of 810

Looks like we're motoring again. Glad I managed to top up earlier at 21.75p

teddybear5 - 16 Nov 2007 11:56 - 193 of 810

yes harrycat you would be better off to go for short term profit but i only invest funds i know i will not need short term i did the same with dgo got in at 14.5p seven years ago sold a few weeks ago 292p a very hansome profit

Toya - 16 Nov 2007 12:01 - 194 of 810

That's impressive, Teddy! I've not been doing this long enough yet, but can see that BRR could go the same way.

teddybear5 - 16 Nov 2007 12:20 - 195 of 810

only in the long term toya imo brr could do the same with a tie up with bhp but as i said only long term you can still take profits along the way and you could end up holding brr shares for free.

silvermede - 16 Nov 2007 16:14 - 196 of 810

Toya, RHPS - Red Hot Penny Shares - a tipster.

mitzy - 16 Nov 2007 17:15 - 197 of 810

I'm with teddybear a hold long term is the best solution.
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