Most readers will think I am nuts with where my thoughts are with my future planning for my next significant nvestment in this company.
Firstly I will start off by saying it would not surprise me in the slightest if the stock price surges up again in correlation with the final stage of the US lead bull market over the next few years. I am mulling over whether I should consider a flutter on that. But my gut is telling me that is short term speculation and my energy is better spent focusing on longer term investment planning.
So where is my head? It is starting to focus on the period after that described in the last paragraph.
I note that the stock price of this company displayed a high correlation to the US and Australian economies (represented by their main market indicies) during the last US lead global downturn in 2008. A decline of 40-50% occurred.
To be continued. Time for a cup of tea.....
REH Price at posting:
$17.08 Sentiment: None Disclosure: Not Held
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