Quite simply because it is on my watchlist after the massive falls.
As the price falls it will move into my 'value territory'.
There is this strange phenonium on hotcopper, whereby those who think a stock is a 'buy' believe that only fellow holders should post, and that anyone with a dissenting view is either a short seller trying to push down the price, or if this is not the motive, should have no right to post their opinions.
I am very eager to hear views on why a share is a buy because if new data is available it could influence my decision.
But when someone says 'buy because its undervalued' or 'buy because of a broker target' then I will enquire more, why is it a buy?
SSM Price at posting:
85.0¢ Sentiment: None Disclosure: Not Held
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