agree with you markie - don't understand retirement property well enough at all. also aware of the stockland thing. too much risk for me to go short - don't want to get caught on the wrong side of a takeover!
although the last few days has confirmed that i was on the money and my profits have been going down the drain while i wait.
have chosen not to act on this stock. good luck to all. i haven't yet learnt the simple skill of selling into a downtrend and buying uptrends - still foolishly trying to catch the turn. but what i have learnt so far is to cut my losses...
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