Alaris Royalty Corp ALARF

RE:RE:RE:Technicals

[Strohs16]

Thanks babedinkleman.

Part of the reason why I wanted to post my story was if any prospective shareholders are doing some research on AD and considering investing....they should know althought the yield is great and they have invested in some great companies, there are some less than desirable investments they've made, and if there is anytype of negative news announcement,unfortunately, the floor falls out precipitously from this stock...

I would caution prospective investors:
Don't hold too much of this stock, this stock was way too much a percentage of my TFSA portfolio, as I tried averaging down and trading to get back to even...I'm a relatively experienced investor, but let this one get way out of hand when it came to percentage of my money I had invested in this stock.

Set stop limits.....I only started setting them later in the game with this stock...

Don't buy in all at once...if you plan on holding 500 shares of this stock, buy maybe half up front, and then see how the stock goes.

I am surprised to see it has held all of its post earnings gains this week.  I think the general market sentiment has helped, however, usually it hasn't been able to hold these types of post earnings gains....

Maybe this time, they have turned the corner?  I hope so.

I would be curious to see the short interest in the stock in the coming days...


I want to add 200 shares to my RRSP, as I sold them in the mid 19's about a month ago (at break-even), to use the money to buy something else...  I'm not sure what my entry point will be.

I'll then have 200 shares in each of my two TFSA's, my RESP and then the RRSP....and that will be it.  I'll double down on a major dip, otherwise, thats it for me and AD, I'm not running into large 2000+ AD share counts in my TFSA again!  LOL

GLTA