smashed like a pulp, page-16

regular asx--this is my outloud thinking,if you are a pure trader why not sell and move on,if you are considering re entering its a risky proposition with perhaps only a small margin as opposed to collecting the divvy and franking credits,which is exactly my quandry

as a defensive stock it looks pretty good,so if the price stays <3 it would make a great 14month accumulation strategy,instead of gambling on highs and lows just buy regularly with whatever free cash flow you have.

as opposed to the risks and costs associated with trading an accumulation strategy in a <$3 scenario will provide a gross
return of close to 26% approx,and no real stress.

but i have to admit its all tied to the sp. on the day ,and of course news,the ff are selling probably not gaining any premium so assuming it takes 6months the sp. should be discounted by a suitable margin --thats my theory,plus i believe it is discounted