ALF 0.00% $1.01 australian leaders fund limited

Salvation on its way finally!, page-111

  1. 5,187 Posts.
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    @Hunting30, a word of caution...I think my average price is $1.17, so once again, don’t beat yourself up.But, exercise caution about adding more to a stock that you really don’t have confidence in, merely to average out. What I am trying to say is, don’t run out of money resources that you could possibly deploy into another opportunity to make money.
    Another question is, if you didnt already have ALF, would you buy it today ?
    I personally wouldn’t. There are too many good opportunities out there that have been good performers that have been oversold. Has ALF been oversold ? My assessment is No, Have a look at a graph for the last few years and they have been in gradual decline over an extended period.. I don’t know that you would be trying to catch a falling knife by buying ALF, I just don’t know who is going to come along and sharpen it.....? DYOR and exercise caution.
 
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