With SP at $22.40 each $1.00 fall equates to a drop of 4.5%! Used to be a stk would take a year to gain this amount. Impossible to forecast with any degree of certainty but buying at $1.00 below current SP means should SP return to $22.40 you'll be 4.5% ahead. The price gain is actually 4.67% but lets keep it simple.
Unless you're convinced SP won't fall further then keeping yr powder dry may reap decent rewards. Results just 0ne month away. Am expecting some sharpish movements over next 4 weeks.
each $1.00 fall/rise = 4.5%
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$29.00 |
Change
0.475(1.67%) |
Mkt cap ! $86.68B | |||
| Open | High | Low | Value | Volume |
| $28.62 | $29.08 | $28.60 | $69.80M | 2.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6225 | $28.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.00 | 4749 | 12 |
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