|
Thanks Allan.
Re WAL - I favour the 'cornerstone shareholder' + low
total number of shares + primarily longer term holders - should contribute
as stabilizers.
May fluctuate for a little while whilst investors consider
their positions but I see it retaining a greater value than 22c which is why I
have decided to hold.
Regards,
Cris
----- Original Message -----
Sent: Monday, March 22, 2004 11:22
AM
Subject: [sharechat] WAL
Chris,
People like you are the back bone of this sharechat
group, your honesty is
refreshing, and the work you do and share is really
well researched.
Its a shame about WAL, we have all known big blocks of
shares to be brought
and sold at a discount, I hope this is another case of
a corner stone share
holder buying in and becoming an asset to the
price.
At present I cant help a little paranoia creeping in about the state
of the
American market, I have always thought Richard Russell would be
right one
day, and I have heard all the explanations about the "quadruple
witching
day" on Friday, but the latest increase in gold prices started a
couple of
weeks ago, and I feel it may be trying to tell us
something.
Big things start in small ways, who would have thought a small
comment by
yourself, about not investing in a certain industry, would have
started such
a heated and prolonged exchange.
It may not have been core
business, but I did find some comments
entertaining, informative and worth
listening to.
I now wonder if the time has come to start listening to the
likes of
Mr
Russell.
Regards
Allan.
----------------------------------------------------------------------------
To
remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/
|
See IRG research reports
