This stock is like a YO-Yo but I think
this will break its resistance.
As for trust. Who Can you trust these
days. Go for the so called blue chips
they will tell you the truth. Aka NAB,
AMP etc.
Follow my number 1 rule dont trust any
of them. Trust the market. Thats you
punters out there. You make the price
not the instos. My 11 year old daughter
has a better record stockpicking.
Thaths the easy part knowing which stock,
the hard part is knowing when to get out.
Adultshop is being rerated according to
its results the last 12 months. It has
$14+m in bank no debt. Credit card
problems are resolved and they have a
mission. To sell sex in "Westfield" and
I for one applaud them for sticking to
the basics. Working their clacker off to
achieve this turnaround.
I anticipate an EBIT of $2-$3 mill this
half. And for this reason alone should
be worth min 20c.
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