The recent stock sells means that I have grown my initial investment, by around 7.5% in two weeks, which is well beyond anything a bank could equal, however I am aware that there are risks involved and I could simply use a ‘bookie’ to similar effect.
Putting negative thoughts like that aside, I’ve decided to take another random punt with virtually no ‘due diligence’. RMM- a copper mining stock that seems to be fairly cheap at the moment for no good reason looks like a good value buy. I’d love to explain why I like the look of this, but there’s nothing much to explain really. There’s a lot of guesswork being pushed in this direction. Anyway, I’m going ‘all in’ with this with the exclusion of the WLW stock I can’t/won’t shift yet so here’s hoping that this stock is simply following the general market depression that’s impacting everyone and will take a bounce in the ‘right’ direction. I’m expecting a short bounce fairly soon (hopefully) with a long term prospect of a big bounce, but the chances of me still owning this stock in a few years is slim. I’m looking for relatively short term gains initially before I start to look at ‘value’ investing prospects.
Fingers Crossed!