If you keep going that way, you might turn from trader to investor :p
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If you keep going that way, you might turn from trader to investor :p
Good work BFG, ride the wave. I've got a lot of ground to make up on WHS, fortunately SPK is easing my pain.
WHS has been having some crazy sales of late. I read an article recently that said retailers are cutting margins to the bone so while there are a huge amount of transactions, there's often not a lot of money being made. This ring has been on the WHS website since later November for $8000 and is now $2349. In one day it has come down $5650. At the other extreme, yesterday it was selling charcoal BBQs for...$7. I mean seriously - how are they making money on these things?
http://www.thewarehouse.co.nz/red/ca...ng?SKU=1784413
And they (Norman's) still at it-increased holding by a further 1%
http://www.nzherald.co.nz/business/n...ectid=11390204
I think they got ripped off :/.Quote:
Originally Posted by NZHerald
I do wonder if the NZHerald ever proof read their stories. I guess that's the downside of instantaneous 'news'.
Still holding...for now.
I was in for a good time, not a long time. Short term indicators topped out so I took my 9% profit. See chart as to why.
Attachment 6698
Good luck to all shareholders :)