not really, that's 1.2% ... XRO down 6% today, MQG down 2.14%, WTC 7%, PLS 6%, MIN 2.6% and so on. You may not rate any of those, but if you did and if you believed they'd bounce back, then the smart thing to do would be free up funds from idle stocks (like UWL) and put the tiny 1.2 % gain into something with more upside.
100000 UWL is $494k. If Xero bounces back, even to yesterday's already bargain price then that is $29,400 ... a bit better than the UWL maximum upside
UWL Price at posting:
$4.93 Sentiment: None Disclosure: Held