Third wave down bottoming out?
I sort of ignored all my usual precautions and just bought a small parcel.
My excuses?
I enjoyed on Tuesday a great presentation from Tony Carter in Christchurch, organised by the NZSA ... as advertised here:
http://www.sharetrader.co.nz/showthr...l=1#post639524)
and had afterwards as well the opportunity for some more questions. Feels like the stock is currently really undervalued (though this obviously does not mean that the SP needs to go up from here - markets can do anything at any time).
I assume if it works out than I earned some brownie points with Roger and Couta ;)- and if it doesn't, than I have at least some reminder in my portfolio to keep watch AIR for the bend in the trend ...
DYOR - this is clearly not a save bet - yet!