When should you lock in a profit? I’ve seen many traders come and go over the years. One of the biggest reasons they fail is due to a poor exit strategy. Their mistake often comes down to cutting profitable trades too early.
Today, Stewart Horejsi owns 4,300 Berkshire Class A stock. He’s worth US$1.4 billion. All it takes is one investment. There are generally two ways you can replicate (to a lesser extent) Horejsi’s results.
Shares of FBR Limited [ASX:FBR] surged 27.7% yesterday, on the back of a three day trading halt. The surge came after the company announced that it had completed a ‘world-first’ technical milestone.
If you listen to the mainstream, you might think now is the worst time to invest in tech. The FAANGs could drop even further. Today I wanted to discuss why jumping into technology stocks now, could be a great decision.
There are only a few of these mouth-watering opportunities in the US or here in Australia, with markets at such elevated levels. It might not be long before you see billion-dollar Aussie companies trading for a pittance.
The share price of Biotron is up 9.5% and trading at $0.115, at time of writing. It has been an exciting time for Biotron shareholders who, last month, could have sold their shares for a whopping $0.445.
It’s very hard coming up with great ideas at will. Finding and understanding a good business is one thing. Then you have to find out whether the stock is worth the price it trades for.
I occasionally get emails from people sceptical about algorithmic trading. Some people simply don’t trust the results. But I can tell you this: algorithmic trading works for me.
We do our best to warn you of impending crises. And we also do our best to alert you to potential life-changing opportunities when they arise. Sometimes we’re right. Sometimes we’re wrong. But on the balance of it, we’re often far more right than wrong.
Net sales were up more than 15% for the year. Earnings before interest and taxes rose a similar amount. And net profits were up more than 23%. Sounds like a pretty good result to me.