Bottomed out?, page-4

Noticed yesterday the WOW shareprice hovered around the 22.45 area (bull v bear.) That was the bullcase right there ATM. ... below 22.3 is failure imo.

Overall its not about the Supermarket war atm. Its all about the Sharemarkets and Companies within.

The US Economy is a nutcase and couldbe a house of cards and Australia's economy isnt far behind. In fact the whole world is going backwards. imo

Posters on HC can be specific and target WOW but the problem does not entirely lye with WOW atm Sure they are in a more vulnerable position and will be treated harshly by the markets because of rot served up by the retired CEO (Mr Grant O'Brien) but overall the direction of the Markets still rule! Basicly I'm saying at some point WOW will become undervalued only because of the Market direction.!

Until the US stabilises and Yellen stops serving up maybe, couldbes then stock prices overall will be bearish.

Predicting lower prices for WOW doesn't make you a genius but posting that Aldi is the cause make posters out to be fools. imo

Once Masters is out of the way and the Lowes issue is sorted then WOW can be assessed going forward and with a hopefully overall bull market being an extra bonus for the Shareprice!.

I still believe next year WOW once it moves above 25.40 will head to 28 next year. imo
Thats my bull case. imo

If not I lose my money and that would please a few on here, it seems. lol

Note I'm talking upto 12 mths not 10 yrs as I acknowledge the Supermarket arena has changed, for the worse for WOW and Coles. imo

Good Luck all

Md