I cashed in my shares a month ago and went 100% cash. We are currently experiencing a global sell off and until the Greece debt crisis is resolved (for better or worse) I am staying away from all large and mid caps.
Most major stocks are experiencing a downward trend. Those not performing are being hit harder, case in point, WOW. The stock was rising with the rest of the market between Dec 2014 and Feb 2015, yet was losing market share! I'm sure the pain will continue, hang in there and it's time in the market, not timing that matters. When the market rises again, so will WOW (Yet it is has a long way to go before outperforming). I have put some money in small caps as I think that is where the money can be made in the current trading environment
commsec targets sp $36!, page-113
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Last
$34.71 |
Change
0.250(0.73%) |
Mkt cap ! $42.40B | |||
| Open | High | Low | Value | Volume |
| $34.48 | $34.78 | $34.48 | $96.78M | 2.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5917 | $34.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.73 | 8137 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| WOW (ASX) Chart |