MYR 1.27% 80.0¢ myer holdings limited

Those three directors bought a total of 839,788 shares at an...

  1. 789 Posts.
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    Those three directors bought a total of 839,788 shares at an average price of 42.2c just two weeks ago. Do you really think the quarterly report will be bad after they have done that. I think the reason the shares are falling back down is because of shareholders selling their losses to save their tax and the shorters do sell these types of stocks a lot in May and June.

    I bought some more shares at 38.5c on Friday and 37.5c today and I have another bid in there now at 36.5c. I am hoping this stock will jump up hugely in July and August after the tax selling is over. I had a wonderful win in The Reject Shop with it falling down from $15 to $3.27 and then going up more than half that low price. I am expecting Myer can do the same having fallen from $1.38 in the last year and a half.

    GPASAS
 
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