WOW 0.39% $35.82 woolworths group limited

Big loss expected, page-25

  1. 285 Posts.
    As I said, you get a damn good feel for how well the company is going on the ground. I got burned once for trying to be greedy and not listening to what I'm seeing but I'll be damned if I got burned again for not learning my lesson.

    The inconsistency between our experiences is just another symptom of the underlying problem I'm seeing with WOW.

    IMHO, this baby will go down more before it goes up.

    Positive announcements like the shutdown of Masters only had a brief hiatus in its downward spiral while any sort of negative announcements sends it down so much more.

    We've had plenty of people predicting this baby will go up to ridiculous price if Masters is shutdown but now it has agreed to this, what have we see the share price do? Hit another 52 week low.
    I'm certainly not going to try to catch the bottom of this baby - I'd rather wait for it to start the reverse and lose out on some of the gains rather than see it sink further which to me, seems more likely than not.
 
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