Eugene
I'm not a day trader, so the current short term weakness in the SP doesnt worry me at all, in fact, its a great time to accumulate
I have my views on the next few years and from those views, I will be taking the opportunities that arise in the market to buy and accumulate what I think are VERY cheap stocks
I think commod prices in particular are nearing abottom and we are not far from making a rally
Commods are in a long term bull market, bull markets dont go up in a straight line, all we are experiencing is some short term weakness
I think we can see oil/gas prices 50% higher than current prices within 12-24 months, so to me, KAR is a massive, screaming buy at these levels.
I have my views, which may differ from others, but I'm very excited about these levels in KAR, not the slightest bit worried
communication, page-14
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $1.361B | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.67 | $6.485M | 3.843M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5782 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 1499 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |