TRS the reject shop limited

Yeah I know that feeling. I don't think the div has much to do...

  1. 101 Posts.
    Yeah I know that feeling.

    I don't think the div has much to do with this other than the obvious 25c drop in value. It was a big announcement IMO, as you pointed out it changes the risk profile of TRS in the medium term.

    It could very well be over sold ATM. I've seen this sort of thing quite a bit only to see the stock end the day up.

    I am staying put for now, can't see a solid play at this moment. Last thing I want is to jump in and get burned by a continued drop on Monday.
 
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