I recently bought Invicta in early January, with the profits and capital from my CML sale. It ticked all the boxes, and im looking to buy more. Its one of the few stocks that have showed up on my radar and passed my buy criteria.
@ORCA: Iv been following this forum for a while and you seem to have been successful in your method of stock picking, Kudos to you for that (although i shudder to think how much you pay in tax, you are probably classified by SARS as a trader and hence pay income tax rates on your profits). But really I completely disagree with the graph analysis stuff. you can put any graph in front of any person and they will find all sorts of patterns with half telling you too buy and the other half telling you to sell. Looking at a graph of the traded volume of a stock is number 100 of things to look at, if i look at it at all. Im a long term value investor. Future potential earnings of a company are of most important to me, although it must be bought at a fair price if not a discounted price. I dont look 3 weeks or 3 months from now, I look 3 years from now. In fact in my Discounted Cash Flow Analysis I use 10 years. I respect your input, and each man to his own, but its not for me.
