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Just as the previous poster Fat Bloater mentioned, all the...

  1. pcyc
    169 Posts.
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    12/08/13
    21:56
    Post #: 12186684
    Just as the previous poster Fat Bloater mentioned, all the mining services are also on my watch list - about 12 of them all mid-large caps. They're hot in the short list back in Feb and May this year. Now most of the easy $$ has been made and bad news announced in May, the current full year result only confirmed what's been known.

    Base on previous GFC an FMG stock can dive from $10 to $1 (ie.90% loss) so I've changed my strategy to hold very short timeframe. Many ppl got burnt during GFC.

    Don't care if it gaps up or down, or even future earnings.
    UGL Price at posting: $7.52 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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