Hearts and Minds stock calls gain 7.8% in two sessions
The five ASX-listed long calls from last week’s Hearts and Mind conference have on average gained 7.8% in price over the last two trading sessions, and seen a 237% increase in volume compared to the previous 30 days. This coincides with a volatile period for the market, but as a benchmark the ASX emerging companies index is down by 0.5% over the same time. Geoff Wilson’s call on investment company, Armadale, has led the pack with a 25.9% jump, and Alex Waislitz from Thorney has seen Mesoblast gain 13% since his call. Patrick Hodgens from Macquarie tipped Chorus, Madelaine Beaumont from Black Rock tipped Fairfax, and John Pearce from Unisuper tipped Transurban, which are yet to move either way. Perpetual’s Anthony Aboud made an interesting short call on Corporate Travel, which is already down 6%, putting this call well in the money as well. Global stocks tipped included Cross Harbour by David Prescott, BIM by Leah Zell, Brinks by Peter Cooper, 58.com by Kerr Neilson, and an emerging tech stock called Apple by Hamish Douglass. More here: (VIEW LINK)
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Alex happily served as Livewire's Content Director for the last four years, using a decade of industry experience to deliver the most valuable, and readable, market insights to all Australian investors.
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Alex happily served as Livewire's Content Director for the last four years, using a decade of industry experience to deliver the most valuable, and readable, market insights to all Australian investors.