safe to buy in around the MA30, yes 4.00
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Banksie
That report - Morningside - In fact their valuation is raised from $3 to the $3.60 you referred. The $3 valuation had been published some months ago prior to the big run up, so in my opinion the current $3.60
valuation is not responsible for the sell off.
So WHS is driving me nuts...every time I buy ..it goes up. And I end up with profit sitting in there telling me...take me I'm yours and I want your hot little hands caresssing my Ed Hillarys..first temptation at good profit, then at very good profit, now its into "spectacular profit"...but every time I almost give in it comes back and goes into the next climb. So who's to say that isnt going to happen again??? Four times I almost did it..developing a thick skin but an interesting experience examining the psychology (well mine anyway) of share ownership.
I know that Moosie but thank you.....issue is how much "HAPPY" is in a continuum.. happy at $5 (as an arbitary figure..nothing to do with WHS) , happier at $10 but that shifts the relevence of $5 doesnt it? Why would you settle for $5 worth of happiness when you could have $10 worth. As I said the Goal posts kept shifting and where they end up is the continuum.
YES I CAN!!!! Ooh yee of little faith.
http://graphicdesignhero.com/obamafo...ma-messiah.jpg
seems good position to buy in again, :t_up:
yikes - what happened to all the buyers - a yawning chasm has appeared! Down ten today a buyer at 3,.99 and next stop 3.50. caramba!
It appears from anecdotal observation that the price of WHS is very dependant on the NZ exchange rate with the US.
As you will note the US just strenghtened.
Seems counter intuitive to me - unless of course The Warehouse is sourcing much of it's stock from the US these days.