This is a message to the fund manager who is doing the selling today:
Considering that today's volume for ARB is the highest for the past year, you must be really serious in trying to reduce your position on ARB.
I understand that yesterday's result wasn't that spectacular for ARB's standard, but as a long-term shareholder, I'm still quite happy with this kind of "steady as she goes" result.
I am really hoping that your selling is nowhere near finished yet. With ARB starting to re-enter a more reasonable valuation for a growth stock, my value antenna is starting to twitch.
Another 2 or 3 days of selling like today will probably make me so restless that I will probably jump into the market and start making some top up purchases.
ARB Price at posting:
$14.70 Sentiment: Hold Disclosure: Held
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