Didn't I hear that computer s(t)ocks always stay up?
Seriously, I sold down at this peak to nominal holding levels. I expect I will be able to buy in at a lot lower level as the credit cycle deteriorates over the next 12-18 months. It takes that long for the bad debts (company - not individual) to come up and be dealt with (work around, restructure and write-offs). What we are seeing with building companies and some retailers (eg Godfreys and Body Shop) is only early stages.
And, yes, I was one of the mugs that bought some at $30 but bought a lot more at $16.47 during covid. I will recover my losses one day.
Didn't I hear that computer s(t)ocks always stay up?Seriously, I...
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Last
$29.66 |
Change
0.360(1.23%) |
Mkt cap ! $102.6B | |||
| Open | High | Low | Value | Volume |
| $29.65 | $29.72 | $29.39 | $219.3M | 7.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $29.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.67 | 7671 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |