Its not Mum and Dad investors killing the price obviously. Its the Hedge funds that need liquidity for various reasons.
...and there is nothing surer apart from total market collapse they'll buy it back up when it suits them.
Where is the bottom? Anyone's guess!
But listening to a hedge fund manager getting interviewed early in the year when he was asked when are you going to start buying back into the market. He stated
"When everyone else thinks its dear and not cheap"
In other words when the price is in full uptrend.
Goodluck
OZL Price at posting:
$13.40 Sentiment: LT Buy Disclosure: Held
