"Be fearful when others are greedy and greedy when others are fearful"
As I read through the posts this afternoon, digesting the despair, and seeing the share price drift a little south, I asked myself: a) What has changed? b) Is the investment thesis still sound?
The answer I reached was that: Fundamentally, nothing has changed, and the investment thesis remains as intact today as it was months ago when I first came on board!
Consequently, I added some shares at $1.47! Not a huge amount, but enough to help me feel vindicated in days or weeks to come, when the SP climbs back up, as it will undoubtedly do!
If we drop again this week, I will add, and will even go as far as selling somewhere else to fund additional shares of RAC!
WHY? Because RAC is one of my top conviction picks. It's ranked No 2, after Cu6! So, the cheaper I can buy it, the better.
So, let me take this opportunity to say thank you to those of you who are making it possible for some of us to buy at lower levels.
RAC is close to something big, and my conviction is that this BIGGLY thing that's coming, will be in the positive!
RAC Price at posting:
$1.47 Sentiment: Buy Disclosure: Held
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