On 18th April 2018, see link below, I warned about stocks with ‘falling knives’ charts
https://hotcopper.com.au/threads/its-over.4002109/page-92?post_id=32539783#.Wuf85U8UnIU
BUD
A month ago: 16.5c
Closed on 1/5: 10.5c
1 month Price Change: -36.4%
https://www.barchart.com/stocks/quotes/BUD.AX
GSW
A month ago: 49c
Closed on 1/5: 42c
Price Change: -14.3%
https://www.barchart.com/stocks/quotes/GSW.AX
IXU
A month ago: 31c
Closed on 1/5: 27.5c
Price Change: -11.3%
https://www.barchart.com/stocks/quotes/IXU.AX
FFG
A month ago: 4.5c
Closed on 1/5: 4.7c
Price Change: +4.4%
https://www.barchart.com/stocks/quotes/FFG.AX
BRN
A month ago: 16.5c
Closed on 1/5: 15c
1 month Price Change: -9%
https://www.barchart.com/stocks/quotes/BRN.AX
9SP
A month ago: 5.5c
Closed on 1/5: 4.6c
1 month Price Change: -16.3%
https://www.barchart.com/stocks/quotes/A-9SP.AX
AXP
A month ago: 42.5c
Closed on 1/5: 14c
1 month Price Change: -67.06%
https://www.barchart.com/stocks/quotes/AXP.AX
YOJ
A month ago: 18c
Closed on 1/5: 15c
1 month Price Change: -16.7%
https://www.barchart.com/stocks/quotes/YOJ.AX
The reason for their decline- their current fundamentals (or lack of) are catching up with their previous lofty valuations.
If you haven't noticed, the market has changed course - a FLIGHT to QUALITY and likely to stay that way awhile.
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Its Over, page-97
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