Hot tip ...

Discussion in 'Share Investing Strategies, Theories & Education' started by Simon, 24th Aug, 2007.

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  1. Simon

    Simon Well-Known Member

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    Just got a hot tip from a relative in the mining game. He rarely comes forth with them and his last one was a ripper.

    Anyone know anything about POL?

    obviously anyone who makes a decision on the basis of this post is an idiot and deserves to learn a lesson ...
     
  2. Tropo

    Tropo Well-Known Member

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    Are you buying? ;)
     

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  3. Simon

    Simon Well-Known Member

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    Yes - the question is how much.

    That chart shows pretty good growth interrupted by last few weeks turmoil. I guess the question is whether it will continue the earlier pattern.

    The tip first went to my Grandma when it was under 30c. I didn't get wind of it that time I am afraid. I did very well last time he recommended Portman to me but that was going back a few years. I told another close relative who immediately bought $150K worth and proceeded to double it based on his respect for my uncle's opinion. I nearly died when he told me what he had done, I was a small player then and was quite pleased to turn $10K nto $15K :rolleyes:

    I am not usually one for hot tips but this is different - to me. To you guys it is a tip from a stranger and worthless :cool:

    Have fun today.
     
  4. Tropo

    Tropo Well-Known Member

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    Some tips works!! :p
    But you should do your own 'DD' before you buy.:D
     
  5. Simon

    Simon Well-Known Member

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    of course. Part of which is seeing if you characters here know anything or have any opinions!
     
  6. voigtstr

    voigtstr Well-Known Member

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    if I had the cash I would take a punt
     
  7. redrover

    redrover Well-Known Member

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    The stock has risen from 25c. in May to 74c. recently therefore a 200% rise. I think your tipster is a bit late in his recommendation! :(
     
  8. Simon

    Simon Well-Known Member

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    But too late??
     
  9. MJK__

    MJK__ Well-Known Member

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    Investors are fleeing to blue chips aren't they? The herd may not go after speccies for a while.

    MJK
     
  10. Glebe

    Glebe Well-Known Member

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  11. voigtstr

    voigtstr Well-Known Member

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    so until they are ripping minerals out of the ground, can I safely lablel this one as "speculative"
     
  12. islandgirl__

    islandgirl__ Well-Known Member

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    But are you investing or gambling?
     
  13. Simon

    Simon Well-Known Member

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    Yes you can safely say this is speccy and buy hoping for quick growth.

    But even BHP was this large once. If you like the story you may feel this is worthing keeping. But I don't know much about it hence the question.