ELD 1.08% $9.34 elders limited

panic = opportunity, page-30

  1. 2,602 Posts.
    orchid, if I may ask...how many did you buy?

    Even if you do not answer (read my post below) a quick 10% trade in this stock is not worthwhile if you have bought under min. 100K units. There is more certainty that some other stocks could bring 3-10% tomorrow.

    Let's say you have bought 10K units in ELD and I have bought 10K units in BSL.

    Your return is $450 and if BSL bounces back by 5 cents (today's drop) I would make approx. the same. Of course we are not talking the same capital/profit ratio but the profit is almost equivalent. Also, BSL is in a much better position than ELD.

    Just an example.

 
watchlist Created with Sketch. Add ELD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.