UGL
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0.00% $3.71 ugl limited

drumnutt.... very wise to take profits. I sold about half today...

  1. DSD
    15,757 Posts.
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    19/08/09
    19:03
    Post #: 5529394
    drumnutt.... very wise to take profits. I sold about half today (just after open)at below 14.00 to buy the share i mentioned above... namely FGE. It(FGE) rose 18% today and 12.5% from the 60c i paid to get some. Was not able to leverage which is a pain.
    Will UGL hit the 16.00 some analysts are advocating? IMO depends on timeframe. If UGL still at these prices 'ex-div' i would advocate taking profits.How much is up to each individual and his/her circumstance. I have no doubts re UGL fundamentals. its overseas mkts i worry about. No-way am i convinced their problems are being solved.
    UGL Price at posting: $13.90 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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