CER 0.00% 32.0¢ centro retail group

article in australian investment review reits, page-5

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    "Do you think the price of CER has already fallen due to inside knowledge or yet to fall?"

    Hope,
    Does it really matter. The thing that matters for a long term holder is whether or not the fundamentals have improved. The present SP is governed by traders who will find every possible reason for it to fluctuate around its present level.
    That gives us two choices. The first is to use the fluctuations and trade it. The second is to sit tight until the present financial crisis runs its term and true investors accumulate to a point where there are not sufficient shares available daily for the traders to operate.They will then turn their attention to another stock.
    Present day trading is a cancer on the investment world. It offers nothing at all in the way of true value.It does not use money for any productive purpose. For a trader to profit then someone must lose. For small traders it is a long term loss situation. They can not compete in the long term with those that can computer trade with low (or no) brokerage charges and the use of bots.They may as well go to the races or buy lotto tickets.
    The problem with the western society generally is that it does not use money productively. I like my funds to "produce". That is why I like to invest in developing technologies, mineral exploration (includes oil and gas) and bricks and mortar. I only trade opportunistically on fundamental value where I am accumulating long term those companies that I consider are undervalued. CER is one of those.
 
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