ALL 0.92% $49.89 aristocrat leisure limited

bombadier,I agree with what your say to a point, but sometimes...

  1. 2,845 Posts.
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    bombadier,

    I agree with what your say to a point, but sometimes some stocks get sold down alot more then they should and all of a sudden the market wakes up and bang, adds 20% to it in a few sessions. NAB, QBE, CBA are just a few that come to mind. NAB was sold down quicky from $30 to $19.80, but boy did it bounce. Just one example. I can't and wont even try to predict the markets, but they can act out of the ordinary sometimes. Personally, I like ALL and think it has been way oversold on fundermentals.. I'm not a fam of tech analysis. Its a great company and will continue to be so.
    Again just my opinion, I bet every single one here has one about a stock or two.
    I am not hurting from ALL, I have trade it and made some decent return, but I do rate it as a buy at these levels.

    Cheers
 
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