kerrisdale - i too read marcus padley's article with interest...i like his stuff but in this instance he was wrong (sort of)! In as much that nearly every stock he mentioned presented a buying opp post bad news - but in the SHORT TERM...
So to contradict myself I sort of agree that longer term there is more pain to come post bad news but in the short term there are some stag profits to be made.
Today I entered MYR at 3.23....tommorrow I will see if I eat humble pie or exit for a few easy percent before the slide continues(?).
Longer term I do worry about retail stocks....but the good ones will survive...is MYR one of them???
will it get whacked today?, page-12
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 (20min delay)
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Last
96.5¢ |
Change
0.045(4.89%) |
Mkt cap ! $808.2M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 97.0¢ | 92.0¢ | $1.915M | 2.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 914 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 18847 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MYR (ASX) Chart |