on fire, page-6

  1. 5,430 Posts.
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    benbo

    You sound like someone who's been burnt by AWB. The lesson to learn is to always set a sell price and stick to it. That's what I did with AWB, got out with a small loss when the price started to really dive.

    I still watch AWB as I believe it still has long term potential but with the ongoing drought and serious uncertainty about AWB's monopoly position, I wouldn't want it in my portfolio right now.

    I remember when Burns Philp was near death and selling the boardroom furniture. It turned from disaster into a buying opportunity for astute traders.

    "Buy in gloom!"

    Opaline
 
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