Cheers mate, one of the mistakes that profit takers make is to fail to buy back shares when they fall- the experts point to this- I have been guilty of it over and over again- you wait so long for the SP to fall even lower that you miss out entirely. My strategy now to overcome the psychology that I am prone to- is to buy at least a reasonable number at a bargain price- to lock that in- but not so many that I cannot average down again later if appropriate.
So I bought back in this morning on SP weakness- a reasonable amount at a price that perhaps I could learn to hold- but I can still average down if appropriate.
The market is uncertain- what an understatement. Buy on weakness- avoid FOMO- remember fundamentals.
Longer term- if WBC can reduce costs and avoid past mistakes- when our economy opens up- this will do well.
IMHO DYOR
WBC Price at posting:
$22.90 Sentiment: Buy Disclosure: Held
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