Easter has come early with these impatient sellers. I picked up a few more for my portfolio.
It's amazing how people react to no information. They speculate there is something wrong or something brewing, so they sell without consideration of why they invested in the first place.
I also picked up a few Telstra this morning as other fools are selling because TPG bought some mobile spectrum. When they realise the new network won't be up and running for about 3 years, they'll be kicking themselves.
The moral is: be patient and look beyond the 24 hour news cycle.
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