Good to see you floating around again. I find it very interesting why you've taken a long trade. Is it a cum dividend position? I did this earlier in the year, and it panned out okay. Some good support in the 2.40 levels. Do you see this merger/JV news coming sooner?
I'll grant that the stock is cheap but every time I think MYR's is going to do well, we have an issue like they did with their website over Christmas. From insiders I heard that was a huge cred blow. And what I do know about internet shopping from my partner is that online shoppers are routinely loyal with internet shopping and I know she hates MYR's online shop.
Personally though I tend to shop there quite a bit, and rarely the case with DJ's, but mainly because there isn't one where I live in country NSW
Cheers
MYR Price at posting:
$2.46 Sentiment: None Disclosure: Not Held
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