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. Sackie

    Sackie Well-Known Member

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    Mate I know you have a lot of cash ready to go. Any particular companies you looking at?
     
    Sackie, 10th Mar, 2020
    #81
  2. Sackie

    Sackie Well-Known Member

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    This is what always happens. I don't know historically when this hasn't been the case. Yet most don't learn from history.
     
    Sackie, 10th Mar, 2020
    #82
  3. Tonibell

    Tonibell Well-Known Member

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    We self manage - use a couple of platforms for analysis and have around 15 stocks we know very well and follow closely.
     
    Tonibell, 10th Mar, 2020
    #83
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  4. MWI

    MWI Well-Known Member

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    Sorry @sash I know what dollar cost averaging means, but myself did not know what DCA abbreviation meant. Seems some others are just more clever than some of us? :D
    I myself maybe tempted to dabble a bit of cash into stocks, but not yet!
     
    MWI, 10th Mar, 2020
    #84
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  5. sash

    sash Well-Known Member

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    Then...you are probably not ready to tip too much in....
     
    sash, 10th Mar, 2020
    #85
  6. turk

    turk Well-Known Member

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    @sash, I'm surprised you didn't short the ASX?
     
    turk, 10th Mar, 2020
    #86
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  7. Sackie

    Sackie Well-Known Member

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    The stocks which you know well over a period of time, do you feel there are patterns and similarities in how they each behave, having their own 'personality' ? It's an interesting thing I've been reading. That historically, stocks more often than not behave a certain way over and over again. Just wondering if you're experienced this in the past. Thanks
     
    Sackie, 10th Mar, 2020
    #87
  8. MWI

    MWI Well-Known Member

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    ...yeah, I didn't know what my bank account is, luckily someone else does?:D
    Somehow I am not much of a gambler but with what is happening I thought I cannot pass this opportunity?:eek:
    We should post our experiences past this, what do you think?;)
     
    MWI, 10th Mar, 2020
    #88
  9. skater

    skater Well-Known Member

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    I saw that ($65) and was momentarily tempted.....then decided I'm best just waiting, because there's probably more downside to come.
     
    skater, 10th Mar, 2020
    #89
  10. kierank

    kierank Well-Known Member

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    You show me yours and I will show you mine :p.
     
    kierank, 10th Mar, 2020
    #90
  11. Lacrim

    Lacrim Well-Known Member

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    I set up my orders the night before (in times like this) so I don't get impulsive. Only 1 out of 20 plus orders hit this morning.
     
    Lacrim, 10th Mar, 2020
    #91
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  12. sash

    sash Well-Known Member

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    Why.......no one takes notice what I do anyways....;)
     
    sash, 10th Mar, 2020
    #92
  13. Sackie

    Sackie Well-Known Member

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    The one that hit, must have been at a great price ?
     
    Sackie, 10th Mar, 2020
    #93
  14. sash

    sash Well-Known Member

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    Mr kierank.... we have not seen you since the tumbling markets....welcome back. :D
     
    sash, 10th Mar, 2020
    #94
  15. kierank

    kierank Well-Known Member

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    For some unknown reason, toilet paper came to mind :eek:.
     
    kierank, 10th Mar, 2020
    #95
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  16. Sackie

    Sackie Well-Known Member

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    In time :) .
     
    Sackie, 10th Mar, 2020
    #96
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  17. PandS

    PandS Well-Known Member

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    No multi baggers potential? :D put 20K in this morning for one, got room for another 20-30K if it keep going lower than this morning open
    locked in the draw for 10 years, fairly certain 10 years from now it will dominates this market
     
    PandS, 10th Mar, 2020
    #97
  18. kierank

    kierank Well-Known Member

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    Too busy buying shares :eek:.

    Came back to PC while I want for the markets to drop another 20% :p.
     
    kierank, 10th Mar, 2020
    #98
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  19. Tonibell

    Tonibell Well-Known Member

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    We've followed the "intrinsic value" approach (Robert Montgomery) - at least it gives us a structured approach. By definitely agree with patterns and ranges for stocks - you get a good feel for when they are cheap or toppy.

    Except in recent times everything looked toppy (so we didn't buy) and now everything looks cheap (and we want to buy everything) ! We also know a number of the companies quite well - not insider trading well but understand how they are tracking.
     
    Tonibell, 10th Mar, 2020
    #99
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  20. kierank

    kierank Well-Known Member

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    What is DCA? Don’t Care Anymore?
     
    kierank, 10th Mar, 2020
    #100
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