the crazy thing about a blood bath is that the losers are us small investors.
The institutions are made up of banks/fund managers/big players, which gather funds from smaller investors, like us; through super and other means, to invest in the share markets and other classes of investments. so when there is a blood bath, its us small investors that lose out most of the time.
so when they are selling out of stocks (pushing prices down), we are all affected in some shape or form. if we happen to be holding the stock directly, we are at a further loss if we have to sell.
cashflow is limited, so sometimes we are forced to sell, which means we lose our capital, but if can hold (if the stock is worth holding) we lose nothing but sleep on a few occasions.
we are at the mercy of the big hitters.
when traders go short term, expect the unexpected, as it happens.
SIP is at the mercy of the short term traders and bigger players selling down the remainder of their stock.
Orbis invested in this stock for a mid term-3 year period and without doubt this stock represents extreme value in this market. however, for the short term traders this stock represents nightmare on elm st.
the problem is that this stock has recently attracted a larger than normal amount of short term traders anticipating the quick return. however, it is mostly these traders that are now at the their own mercy.
hold, and the returns are all but guaranteed.
at 40c, your getting the largest pharmacy distribution network in the country, with 20c cash at bank, and nearly 10c in earning being declared.
SIP Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
