kerrisdale - i too read marcus padley's article with interest...i like his stuff but in this instance he was wrong (sort of)! In as much that nearly every stock he mentioned presented a buying opp post bad news - but in the SHORT TERM...
So to contradict myself I sort of agree that longer term there is more pain to come post bad news but in the short term there are some stag profits to be made.
Today I entered MYR at 3.23....tommorrow I will see if I eat humble pie or exit for a few easy percent before the slide continues(?).
Longer term I do worry about retail stocks....but the good ones will survive...is MYR one of them???
will it get whacked today?, page-12
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Last
81.5¢ |
Change
-0.015(1.81%) |
Mkt cap ! $677.9M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 81.0¢ | $1.008M | 1.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7188 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 96969 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MYR (ASX) Chart |