"Read more bearish stuff re world outlook plus the massive rise today and took profits on DOW at 3.50.... i.e. miles too early. I'd def stay long if i wasn't so bearish re world economy."
What happened to the appeal of the "buyback, massive govt rail contracts, confidence from management, high divs and the shaking off the dud contracts" that made you buy the stock just a few days ago?
"Good chart and NPAT confirmation recently of 190m. At $3.55 that's a PE of 8. Chuck in buyback, massive govt rail contracts, confidence from management, high divs and finally shaking off some dud contracts... it should see confidence return to DOW. Bought some these past 2 days. As I'm sure some posters will remind us, all contracting firms carry a degree of risk. It was management's confidence a few days ago that tipped balance for me."
Post number 16017463
Date of post: 18/09/2015
Share price at the time: $3.56
Sentiment/Disclosure: Hold/Held
As for the "profit" you took, it looks to me like the party that did most of the profiting was your stockbroker.
He/she must love you.
DOW Price at posting:
$3.57 Sentiment: None Disclosure: Not Held
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