I'd suggest aussie stocks while the dollar is so close to theirs - I am into their biotechs... its nice to visit their agms while over the ditch, you get to ask nasty questions!
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I'd suggest aussie stocks while the dollar is so close to theirs - I am into their biotechs... its nice to visit their agms while over the ditch, you get to ask nasty questions!
Hi Gryff, I am watching Millers Retail MRL on the ASX. If WHS does the sensible thing and pulls out of OZ then my pick is that MRL will benefit.As well as WHS itself, of course.
Discl: HOLDING TWR MRL
Not long now and it's under the magic $4.00 mark
Crikey it's like watching a bouncing hand grenade in slow-motion. You know as soon as it hits below 4.00..... ka-boom!! Stop loss selling frenzy!! [:p][:p]
Nice one Placebo. Is it going to happen today? Not a bad strategy would be to short down to 3.99 and see what happens. Cound be quite profitable.Quote:
quote:Originally posted by Placebo
Crikey it's like watching a bouncing hand grenade in slow-motion. [:p][:p]
Anyone got any stock they want to lend me?
This is the most significant slide in the share price since Feb half year loses were leaked out which resulted in the trading halt.
What bad news awaits?
Thanx MS, AD. Concur on the Oz idea while $ high.
Running out of it with WHS though Belgarion. Believe I might be better off taking this loss and trying to recoup it elsewhere rather than waiting for them to either pull out of Oz, get Oz going profitably or announce some new strategy to turn it around. Was a great company but seems to be stuck at the moment.
Cheers,
MPC
If I am interpreting the recent disclosure notices correctly it looks like CEO Peter Inger is dumping his shares. On Oct 10th he sold 105,000 and then another 378,000 on October 14th. Thats about 18% of his total shares owned on 10th Oct.
I'm new to this trading lark and the notifications take a bit of getting used to, so correct me if I'm wrong.
If the CEO doesn't want WHS shares, why should anyone else?
THE KING says Your right in every Dept.. [^][^]