WHS - Warehouse Group

[couta1]

Not in for a long time, just for a good time

Well played Moosie

[BIRMANBOY]

Huh? Tide comes in and goes out last time I checked. Just like the SP..goes up and goes down... and the reason ....market sentiment combined with emotion and an occasional smattering of facts.

Good luck BFG, if you're buying now. $2.50 is 2012 support at the all time low. This is down from $7.30 in 2007. There's got to be a reason for the tide to just keep on going out, year after year for this company.

[BIRMANBOY]

So how good was it?

Not in for a long time, just for a good time

[BFG]

So how good was it?

Better than that depressing party over on PEB!

Disc - still holding, a day or two more upside to come imho

[BIRMANBOY]

Still trading as a matter of fact......changed the name to Farmers...and it was 2001 which is 14 years. However since this is not an exercise in pedantic narcissism, there is an element of truth in that the Normans (who own Farmers) are a major shareholders in WHS. Now how's that for truth is stranger than fiction!!

Bit lame but how about Deka - a retail chain that died 30 years ago.

[BIRMANBOY]

Humble or hopeful?

Better than that depressing party over on PEB!

Disc - still holding, a day or two more upside to come imho

[BFG]

Humble or hopeful?

Humbly hopeful

[bunter]

Extremely oversold near term and resistance to selling below $2.60 with thin asks now. I'm in fir a dead kitty bounce

IMO losses will swamp winnings for traders who try to pick and trade short term (days / weeks) moves, especially moves against the trend.
The trading costs, slippage and trend will kill you. Especially with shares, as opposed to currencies and futures.

[winner69]

Deka was the old McKenzies

The Warehouse killed Deka

wiki says several Deka stores were rebranded Farmers, including 6 in the South Island

http://en.m.wikipedia.org/wiki/DEKA_(New_Zealand)

[BIRMANBOY]

I'm afraid to admit that I remember shopping in McKenzies......may God have mercy on my soul. The names may change but the buildings and type of business live on providing employment for countless Kiwis. Leading me to the point that WHS isn't going anywhere and is probably positioned more favourably to handle occasional drops in business. Dare I say it better than Kathmandu, Briscoes, Hallenstein Glassons etc. Anyway as W69 points out the SP is reaching a place of "interest". So has Moosie picked the POMBP (point of maximized bottom picking), or is 2.50 just a few days away.

Deka was the old McKenzies

The Warehouse killed Deka

wiki says several Deka stores were rebranded Farmers, including 6 in the South Island

http://en.m.wikipedia.org/wiki/DEKA_(New_Zealand)