re: for those that thought rin was safe Good quality stocks are always best value when fear and negativity is highest:
* QBE post 9/11
* ALZ / FKP about 2 years ago when Australia property was getting talked down
* HSP 6 to 8 months ago
* WES now
RIN is unquestionably well managed and in the better part of the USA market. The question is, is negativity high enough to go in heavily? I'm in to a degree, and will go in more if SP falls another 15% or so.
Long-term stock this one. Will take a good 3 years to know if I made the right decision.
MJS
RIN
rinker group limited
