HVN 0.83% $4.87 harvey norman holdings limited

No stop loss, not a trading play for me, although if i was to...

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    No stop loss, not a trading play for me, although if i was to set one i believe the intraday low for the year is $1.77
    So below that is where i would be.
    Been more than six months since i have just traded a stock, been very seriously thinking about taking on my first options position with HVN though.
    I am in HVN for at least the next five years, i think they have a massive advantage that seems to be totally ignored by the market and that's their supply chain.
    Remember what the supply chain advantage has done for woolworths over the last decade.
    Anyone can sell a cheaper product than HVN but you still have to get it to your house, with a majority of what they sell online retailers will fall short.
    It's not just getting to your house, it's also ensuring a steady and reliable supply from suppliers, how many times do you here of these super sales where online retailers can't supply even a tenth of what the demand is.

    Ps: Gerry Harvey is frequently refered to as the "Dinosaur of Retail".
    Well i certainly hope so, remember how long they lasted :)
 
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