HTA 0.00% 2.9¢ hutchison telecommunications (australia) limited

re: big selling/bounce soon I suppose the reason it is being...

  1. 1,263 Posts.
    re: big selling/bounce soon I suppose the reason it is being sold down is that now the expected news has come to fruition why hold for now?

    I have nowhere near the knowledge on the stock as grant but from an observers point of view:

    It is not a dividend stock as such so migh be better to chase dividends.

    There is no other news expected or reasons for big growth, in fact with TLS now being able to offer the same 3g service, this will probably take away from 3's market share.

    Traditionally it does not seem liek a well loved stock.

    If I had enjoyed the big rise, I would now be tempted to take my profits and put them somewhere with either yield or significant growth prospects. Witht hat in mind, i would predict it to drop into the mid 30 cent range over the next month or so.
 
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