Beep beep beep beep.....load it up.
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I remember some saying involving catching falling knifes and cut off fingers .... anybody still knows how it goes?
I guess I have no idea how this will work out, but the resistance so far looks pretty weak and far away ... maybe no fuel for all these empty trucks waiting to be loaded?
... and so you should.
Good company as well - the only thing I am not sure about is how the market will set short / medium term the share price :) . It is a bit like watching waves at the sea ... after a high crest often comes not a still higher crest but first a deep trough .... well, you know what I mean.
Nothing wrong with buy and hold for such a company, for anybody who bought at the right price (and I think you did).
I was just reacting to this increase of "backing up empty truck" posts ... one of my indicators for how a share is doing. SP typically inversely correlated with the frequency of these statements.
We all know COVID lockdowns are bad for retail whilst locked down but has everyone forgotten the revenge spending once the lockdown is lifted?
Are these the dips we want? Or is everyone a trader these days?
If it drops a wee bit more ill be adding. Just looked up and the last time I purchased HLG was $6.63 last Dec.
Don't forget the 23c fully imputed dividend paid in April this year.
There is understandable nervousness heading into the F21 results announcement with the NSW & Australian lockdowns adding to the anxiety.
All will be revealed in around 2 weeks' time and HLG will not disappoint imo.
Happy holder.
VWAP today still over 697
No worries
Hipkins / Bloomfield talking as if the Delta is already here …and straight into Level 4 we go (next week maybe)
Followed by their resignations for allowing it to get here
Stuff HLG up for a while