I personally think IOOF has not hit the bottom yet, look at AMP and others, when was at $3 brokers and personal were sayings its worth well north of $3, yet today $2.30. I like IOOF, and if you were going to buy it for the long run, at today's price it's fine, however if you want to profit from the upside in the short term, I say be cautious. There are more downside to come on even the slightly bad news. I brought AMP for $2.50 when it dropped, and stilling on a loss, same as LLC at $13.50, however I am not selling these anytime soon. With IOOF you likely see $2.30 tested again.
IFL Price at posting:
$4.71 Sentiment: Buy Disclosure: Not Held
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