DBM I think Mitta is on the money today! Will have to see what happens for the rest of the week!!!
Of course when someone buys for a short term gain and the market turns against your position you become a long term investor justifying your situation, in short youre stuck!! You then have to adjust your trading to that of a value investor i.e. buying part of the business.
From that perspective lets see what CST does in TWO YEARS,
I know for all the technical analysis, charting and hieroglyphic gobbly gook people out there, it justifies there short term plays, but for me, behind every share there is a business, and it all depends on how profitable that business is in the long term.
I suppose Ive opened a can of worms here!!
Please do not take this as personal criticism.
Please Note: I even have a few shares of MOL but as always waiting for them to get to $2.00 then off to Cambodia!!!
Cheers
MOL Price at posting:
86.0¢ Sentiment: None Disclosure: Not Held
