TOL toll holdings limited

Dont buy on the slippery slope. The stock is not oversold, as...

  1. 829 Posts.


    Dont buy on the slippery slope.

    The stock is not oversold, as the downtrend has been slow.

    i expect at some point TOL to be back up over $6.00. But i dont know when the turaround would be.

    Buy into the trend, not against it.

    the market moves in bigger swings than most of us can afford to lose, so just go with the price action, or buy once you see support comign back into the stock.

    the dividend is above 4% so there is some value for this kind of company but i wouldnt be buying at 5.70... i think further downside will be tested.

    just my opinion.
 
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