WOW 0.70% $34.21 woolworths group limited

dividend, page-13

  1. 70 Posts.
    Hi, i have been trading WOW for about 5 yrs and recently sold a large holding. In all honesty, i have been buying at $26, collecting a divi or two and selling at about $28. I am never out of them long before I am back in again at $26. This time last year i was hurting on a large holding knocked down to $22.

    I honestly don't see that the fundamentals have changed and that this is still a $25 - $28 share.

    At $32 or $34 with a large holding i would have a tight stop loss on them.

    I am seriously considering putting on a decent size short on these. If they push back up to $35 thats a definate. Would like to see what Cyprus does to them but dont want to mis out.

    Am i missing something her. Why would anybody believe that they would go to $40???????
 
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