I rather have all my money on AVB shares than WTF shares. All my eggs are in the 1 basket at the moment. I'm either going to crash and burn or smell like a rose by end of next year.
From the Japan Tsunami, the shares were heading south. I was down by six figures when shares were at its lowest price. My emotions were running high, sentiments were running low. How many of you could stomache this? Sell..Sell..Sell.It's down..SELL. Rubbish.. AVB has too much risk / reward ratio on the postive side. Panic sets in and the shares head south for no reason.
Now that AVB is running good again, things looks promising. Up today on a down day on the ASX is a good sign I think.
I ask you all this..when AVB was 12 cents a year ago and it is the same price today, which of the 12 cents you would have bought?
My answer would be todays prices because all results have been positives during the year. The 2nd 12 cents is now less speculative than last years price as the foundation is hardening. I'm no expert in this department. Not comparing AVB to SFR here. Just comparing apples with apples. Just trying to apply real logic.
It might be a down day tomorrow as Greece is on the radar again. I'm glad AVB is not in Greece....or in Europe. It would have been the icing on the cake if the mine was is Aus. Hey, you can't win them all.
More roller coaster rides to come.
Maybe AVB will be the safe haven shares for turmoil days.
Do your own research. Trade at your own risk. Seek professional advice. Buy and sell at your own risks. Don't take any advice from me. Don't remember what you just read.
From an Idiot Shareholder with lots of shares on AVB just sharing my thoughts.
PS If you don't know what WTF shares are, do your own research.
AVB Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held