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Originally Posted by Robo(sydney)
Well Guys...you wait an eternity for the lucky mining stock to give you a boost...and I think that this time around its fallen my way... 
My accountant calls me 2 days ago and encourages me to by AUM(Australian Mining investments). Its about midday, I'm at work and not enough time to read up on it so on a wing and a prayer(and his trustworthy advice) I buy in 5000 units at $3.24.This seems high risk since the stock was around 50 cents only 4 weeks ago....
Then the rollercoaster began...it finished at 5.20 that day....next day opened at $7.15 and rose to $10.00 after 1 hour of trading before it was placed on a trading halt...currently $7.11...
It should re-open tommorrow and from all info avaialble the discoveries of copper are fair dinkum and accurate..so who knows where it will end up...
I will be glued closely to my laptop at 1000 tommorrow...as soon as it starts to dip I'm outer here...take the money and run....
A very nice way to start off the new financial year...and a reward will be awaiting my very kind accountant friend..
Must book a trip back to LOS too..
see ya |
sounds like an insider trading enquiry could also be in your accountant's future. sounds dodgy as hell, sorry to say