Sean K Trading

[Sean K]

While there might be some more to be squeezed out of this, I should use my brain and take some profits. But, breaking ATHs makes me think just technically there's no ceiling. So, I'm vexed. I'll probably hold it and then it's crash.

View attachment 194085

I squeezed a little more and sold half of this at .915 for about a 70% gain. Will probably run to 2 bucks now.

 

[Sean K]

Bought a few more IOZ for the longer term income plan. Not sure why when I'm getting a defined benefit pension from the Army. Might as well just throw it at the RIH dart board really. I need to come up with a better justification or longer term plan for holding this.

Sold half SVM this week as it's gone on a bit of a run for no real reason and I thought a 70% gain was enough. So, almost free carried which is nice. Makes up for most of the crap in red on this list, and a bit more, because I was overweight in this. Apparently you're supposed to let the winners run and sell the losers, but I obviously have no idea.

I also bought a new coin from the mint this week for the collection. I bought a swan this time for some reason. Going to collect different animals from now on. A koala next, then maybe an emu. Should have just bought a pile of animals two years ago as they're getting expensive. But, if ducati is correct, they might be worth 20K a piece soon.

I haven't got physical PMs on the ledger here, but they're about 15% of holdings I guess. I'll add them up this week and add in the future. It's a combo of silver, platinum and gold so hard to keep track of. Maybe I should be just buying more PMGOLD, but I like the coins.

 

[Garpal Gumnut]

@Sean K I hold SVL in such low regard I wouldn’t even bother to offer to buy it off you. Always been a disappointment for me. Maybe it will prove me wrong. Hopefully for your sake it does.



gg

 

[Sean K]

@Sean K I hold SVL in such low regard I wouldn’t even bother to offer to buy it off you. Always been a disappointment for me. Maybe it will prove me wrong. Hopefully for your sake it does.

View attachment 194447

gg

My plan was to sell it at 14c, and then it went to 14c while I wasn't watching, and I missed my chance to cash in. So, change of plans, hold until I lose all my money. Should have just gone 13 black.

 

[Sean K]

Sold SSR at about 16 bucks for a 40% loss. Didn't really have much in it, mainly because it crashed after the Turkey mine implosion. Could have actually made some money if I had more courage and assessed that they'd escape litigation and they were oversold on fear. It went as low as 6 bucks at one point. Only selling now because I have to due to the delisting from the ASX. What a horrible adventure this has been.

 

[Sean K]

Reflecting on SSR, I don't think I should have done anything else in retrospect. It would have been a high gamble to buy more after the Coplar mine disaster as there was real risk they could have been taken to the cleaners through litigation. So, was probably lucky to escape where I did. I would have kept holding if it wasn't going to be delisted shortly.

Having sold around half of SVM I'm almost free carried on it. One of the better plucks over the past couple of years. Will now hold until RIO take it over. I'm actually surprised it's gone so well because graphite is in the toilet. Even though it's just a byproduct of the rutile, it's been sold as a major part of the project value.

Half disappointed in having sold WAF a little while ago to watch it break out after the production and earnings results. What a champion that has been. But, like PDI, I just didn't want to have so much in Coup Central at the moment. If I was younger, I'd be taking more risk with WAf goldies.

My Golden Swan arrived this week to add to the kangaroo collection.