The Rise and Rise of the market.
The last two weeks has seen the biggest bull run on the Dow in 9 years. But are the fundamentals to justify this run really there? There is no doubt the US economy has reached or is getting closer to the bottom but the question remains what happens when it gets there?. The [...]
MGX – Mount Gibson Iron.
I think this one is a good little prospect, it is a profitable iron ore mining company whos major shareholder is Shougang Concord International, which is a Chinese state owned steel manufacturing company (among other things) . MGX was one of the first companies last year to announce a reduction in demand from China [...]
Beginners Blog
Well the trouble continues. I held onto my VBA shares until today but I got out at $0.32 after deciding that they were not going anywhere. I have been watching AZZ a gas expolation company that has been doing well lately. Over the last couple of days it’s price had dropped from 0.38 to [...]
Beginners Blog
Last week I decided to get myself a new hobby, collecting stamps seemed a little dull and it’s too cold for gardening so I figured I’d have a crack at becoming a day trader. I set up an online trading account, put $2000 in and instantly knew that within six months I’d be able to [...]