GRR 2.74% 37.5¢ grange resources limited.

Capitulation.. we saw a move from 20 to 90 and now an aggressive...

  1. 506 Posts.
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    Capitulation.. we saw a move from 20 to 90 and now an aggressive pullback to 50ish.

    i bought today and will continue buying, a director bought half a million at 60c less than 2 months ago. not fun seeing my portfolio drop 10s of thousands on a day but investing is not easy… i have no issues holding a cash backed aussie business that has operated for over 50 years and pays shareholders dividends. I was lucky enough to sell alot on the move up (bought them back a touch to early but thats life).

    with a bit of luck i will end up with a big position here if this selling continues.

    anyway have a good weekend and pour yourself a stiff drink (think holders here need one after this week!).
 
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