ASX Shares Short term COVID-19 opportunities in the stockmarket

Discussion in 'Shares & Funds' started by Sackie, 9th Mar, 2020.

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  1. Tyler Durden

    Tyler Durden Well-Known Member

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    I like that prediction :D just look at pre-open orders, indicative price and "predict". Can't go too far wrong there, unless you're using it as a buy signal!

    There's an old trading adage, amateurs open the market and professionals close it.

    I've got no real idea though, I gave up active trading individual stocks when ETF's and my old industry super fund consistently outperformed my efforts. Now we've got a full service broker doing the heavy lifting.
     
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  2. Brady

    Brady Well-Known Member

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    Wouldn't dare try and pick the close, honestly have NFI.
    But @Sackie listed what he's got, so gives him option in the morning.
    Banks I think are going to hurt, but people are still buying seeing them as discount.
     
  3. Tyler Durden

    Tyler Durden Well-Known Member

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    Well AMA's announcement put paid to that prediction! :p +18%

    Close that position @Sackie and lock-in profits if it's a short-term trade.
     
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  4. Sackie

    Sackie Well-Known Member

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    Still holding all 3. Watching too sell .
     
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  5. Sackie

    Sackie Well-Known Member

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    currently Ama has sell order at 44c. Got 477k in this stock.
     
  6. Tyler Durden

    Tyler Durden Well-Known Member

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    Should be sold? - current SP @ $0.47
     
  7. Sackie

    Sackie Well-Known Member

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    Had a trailing SL then kept moving it. Currently sits at 44c. I think liquidity should be enough to get me out of it hits.

    Looking to exit qan soon.
     
  8. Sackie

    Sackie Well-Known Member

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    SL at 3.46 for qan now.
     
  9. # 1

    # 1 Well-Known Member

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    Ratchet that up to 3.56
     
  10. Sackie

    Sackie Well-Known Member

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    SL at 3.49 now. ( Don't think I'll go into this much detail all the time. The thread will get too cluttered).
     
  11. Sackie

    Sackie Well-Known Member

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    Waiting for oml to retract before buy orders are hit.
     
  12. Sackie

    Sackie Well-Known Member

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    Bought STO at 4.52.
     
  13. eyespy1

    eyespy1 Well-Known Member

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    Sackie, are you picking these shares yourself Or getting professional help ?
     
  14. vbplease

    vbplease Well-Known Member

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    I suspect there will be a significant drop at the close of market with a lot of profit taking..
     
  15. Sackie

    Sackie Well-Known Member

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    Both.

    I'm a newbie to the share market.
     
  16. Sackie

    Sackie Well-Known Member

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    Definitely getting out of ama soon. Not risking losing my insane profit today.
     
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  17. vbplease

    vbplease Well-Known Member

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    Ok, I give up
     
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  18. Tyler Durden

    Tyler Durden Well-Known Member

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    I'll join you! The volatility makes for some great trades (sackie's AMA proved that today) but it's near impossible to read...
     
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  19. Sackie

    Sackie Well-Known Member

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    Sold Ama for an approx 31% return on 477k. Needless to say I'm happy.

    Currently still holding:
    Ncm ( accumulated a large amount. Might keep it long term or trade out, depending.)
    Qan
    Sto (bought today)
    Slr bought today.
     
    Last edited: 9th Apr, 2020
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  20. willair

    willair Well-Known Member Premium Member

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