A1N 2.80% 69.5¢ arn media limited

Well, this is painful to watch.., page-2

  1. 7,571 Posts.
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    Patience....

    I have a position in A1N but not adding to it. I have a 20% odd paper loss (but its only a very small position), but not dollar averaging downwards. I prefer A1N to SXL any day.

    But I think things are tough in Australia, and going to get tougher.

    Happy to wait and see....

    As things get tough, advertising budgets will get tough, this could very well effect A1N as well.

    There is a time for everything under the Sun, we know this intelligent wisdom from the Bible with 1000's of years of history.

    Right now my focus is protection of my capital.


 
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