I have no idea what to do with my holding at the moment. Having read some of the recent posts on shorting etc... which, I must admit, I know next to nothing about.
I'm wondering if I should just dump out now as there is opportunity elsewhere. E.g my QBE shares had a nice little run yesterday and I think there's steam left in it yet.
I reentered into IOF as I thought that the REIT sector was well oversold and IOF had suffered the most. I've been in this before - sometime ago, however, so I figured, 'well it's a beaten up stock with good assets etc... so I grabbed some' Hmm not as bright as I think I am.
Now I'm reading about 'shorting' and manipulation etc... and thinking 'this is not a game for a clutz like me - any ideas posters?
IOF Price at posting:
$1.92 Sentiment: None Disclosure: Held