The greater the fear the greater the buying opportunity. And if people are now talking about bankruptcy. You know the bottom is near. You don't get much more fearful than that. Saw the same thing in the recourse crash.. Before it recovered. I remember reading posts about BHP going bankrupt, IO going to zero (you know the same old fear campaign we are hearing now in this sector). That was when BHP was under $15. Its now $25 and rising. The end of the world never happened. If it wasn't for the doom and gloomers we would never get the bargains we do. Honestly they are all crazy IMO. So there is no point trying to argue with them. Its a losing battle.
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Where to now for long term investors of Telstra, page-661
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77 | 627651 | 3.870 |
81 | 751252 | 3.860 |
90 | 482815 | 3.850 |
30 | 304649 | 3.840 |
Price($) | Vol. | No. |
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