Ta stockmaster - read similar on Westpac Brokers updated Premier research report. Like others on hc, I too believe in the sector and in SIP in the longer term. In future though I will definitely be more wary when a clutch of analysts all give firm buy recommendations.
Quite a laugh really ( if it didn't hurt). I thought I was being conservative and non speculative, and rewarded even with divs (for surely all those analysts couldn't be wrong ?). Err, ahem - not so - am currently down over $12,000.
Think I'll stick to the micros and known gurus on Hot Copper in future. Should be averaging down I guess -but which of the good stock to sell to do that ? Best wishes all temporary sufferers.
SIP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
