EAL
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  1. gosouth
    3,054 Posts.
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    05/12/13
    00:03
    Post #: 12659737
    I think there is also an opportunity cost issue.
    all very well to be a contrarian, but sectors in the doldrums can stay in the doldrums for some time, never mind the potential downside as share values decline. In the mean time, being in a better sector can see earnings growth recognised by increased share prices.

    Hence my move today. So..... I'm not a good contrarian investor!

    Cheers
    Gosouth

    EAL Price at posting: 60.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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