"For long term holders this provided great buying opportunities."
Not wrong.
Take one look at the charts throughout WTC's listing and blind freddy can see that the highs are followed by great entry points to either enter the stock or accumulate. No doubt it's expensive. If the chart is anything to go buy (including the growth profile of this business), the ideal thing would be to just sit and wait for a market tantrum, then buy and hold it. Traders might argue that it's a great trading stock(?) I used to ignore this stock, then one day a massive pullback caught my eye. I bought a small parcel, then I bought a bigger parcel...and a bigger parcel etc. Maybe one day I'll come undone. But WTC has been a gem of an investment.
I remember one particular poster saying how glad they were that they sold out completely at 30 something dollars because it was way overvalued and would look to buy back in the 20's. Ouch!
You little Ripper !, page-135
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Last
$93.32 |
Change
1.390(1.51%) |
Mkt cap ! $31.11B | |||
| Open | High | Low | Value | Volume |
| $92.16 | $93.47 | $90.83 | $189.6M | 2.037M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5335 | $93.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $93.32 | 3184 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WTC (ASX) Chart |