Forum Archive Index - February 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

nick & chris
in the meen time it makes a good short term trading stock you only have to 
get a rise of 3or4 cents to make a reasonable profit like buying at 28 and 
quitting at 34 etc.
malcolm


>From: "Chris Roach" <gone.hunting@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: Re: [sharechat] Brierley - Has to rise soon
>Date: Sun, 18 Feb 2001 21:22:40 +1300
>
>Nick,
>I'm with you on this one. As for the pollyanna comment, change that to 
>contrarian.
>
>The reason BRY is so cheap is largely because so many people hold it's past 
>against it. I have bought other shares in the same situation, and have made 
>very good gains. Every trade means one less pessimistic and one more 
>optimistic shareholder. Just realise that the negative sentiments of a lot 
>of people will hold back any increase in BRY's price, and as such be 
>prepared to hold longterm.
>Personally, I can't see any major movement occurring until they sell 
>Thistle, which may be next month, or next year, or in 2010.
>
>Chris
>
>Discl. hold BRY
>

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