'Mistake' Buy of GAB

As it had happened before, I tend to be very careful when queuing for the sale of any stock.  For instead of clicking 'sell' you could just be clicking 'buy' at a high price.

So i woke up this morning horrified to see that I had 'accidently' bought 2 lots of GAB at 12.90 when i had intended to sell them at 14.

While this could well be my mistake, what irked me was that the trading platform had been unstable in the last few days, resulting in Rejected orders and orders not appearing in the order status. It was probably amid this confusion that the mistake was made, unless the system itself made the mistake.

Of course the remisier upon realising this whatsapps me and I got worked up when she still tried to defend the system and blamed it on me. At least I handled myself well and not go overboard, realising that there was nothing anyone could now do, and that I could only pray this shit is not as deep.

And so now I have ended up with 4 lots of GAB at the average price of 13.2. At the time when market is tanking. I definitely want to accumulate GAB, but not be forced to buy at such a price!

Not sure why the commission was 149.06. Seems high

Bought COASTAL

Bloodbath on the market today.

I had been queuing  a large number of stocks at substantially low prices, and had to cancel some of them upon seeing how scary the market dropped.

One of my orders got through though, after dropping some 10.3%

Now I would need to admit that I broke one  of my fundamental principles in investing here, by buying a company with a business that I do not fully understand. However the metrics look too good to ignore:

PE 4.82
Quick ratio 1.19
Current ratio 3.51
Net Profit Margin 20.48
Net Profit Margin (5YR Ave) 22.38
ROE (5YR) 20.49
ROI (5YR) 201.6
ROA (5YR) 13
Div 3.9%

This really looks a good company that is being hammered by the current low oil prices. I need to do some reading now to further understand its business.

Got 5000 shares. Commision was 48.36