WSA 0.00% $3.86 western areas limited

profitable ?, page-9

  1. 9,503 Posts.
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    Hi El,

    We all got hammered in the market and only very few would have been fortunate enough to have come out all of this as a winner.

    But their will be plenty opportunities to re-coup losses and after that making healthy profits in the next cycle.

    The constant buying by Streeter was probably as much as as suprise as the now constant selling.

    He may have tought like many of us that WSA was a no-brainer but forgot how nasty the market can get, especially with all eggs in one basket.

    Nothing wrong with WSA just the market imho and Streeter in need of Cash for whatever reason.

    Time will tell but I will hang on to my current investment in WSA for the longer term and may top up if the price becomes too attractive to resist.

    Jojo
 
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