A change of perspective for you. Arguably this will be the best performing stock in ASX50 in the next decade. A buy at long term support between $28-30 and hold for a few years. I am not interested in the short term trade, and yes, I realise most other posters on the 'Newcrest getting hammered' thread are motivated by the short term profit, but for the others who are interested in an 'investment' (God forbid, that term can be considered a dirty word on these forums!)......should be looking at an entry into NCM now or down to $28.
Disclosure: NCM will be 25% of my superfund within the next week I expect.
NCM Price at posting:
$30.15 Sentiment: Buy Disclosure: Held
