Smashed again today. Anyone game enough to break the cardinal rule and average down?
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Smashed again today. Anyone game enough to break the cardinal rule and average down?
Nooooooooooooooooooooooooooooooooooooooooooo.
I don't usually quote P/E ratios but this is definitely a growth share and it now on a historical P/E of 11.6 and forward P/E of 10.1 or lower by my guess.
I have a current value of $1.100 and a one year forward value of $1.181.
Hopefully Mr M will come round to my way of thinking eventually.
Best Wishes
Paper Tiger
Down 20% now from the high on the announcement day. Getting smashed and looking very week. Definitely fundamentals (good) vs technicals (very bad) at odds here!
I can see nothing fundamentally wrong with this company and for the moment I am willing to ride out the 'irrationality' of the market.
Best Wishes
Paper Tiger
Couldn't agree more!
Bizzare market. Has anyone set up a fund to short every ASX smallcap stock just prior to results announcements?
Well below 50,200,30,120 EAs now and technically looking even worse than before. Curious if anyone has sold out or still holding on?
The slide is a worry is it not ?
But if there is something up with the company, I am in the dark about it.
So far I am keeping the faith whilst sitting on a reasonable % loss on my recent activity here.
Best Wishes
Paper Tiger