AHY 0.72% $1.41 asaleo care limited

When to Catch a Falling knife, page-3

  1. 1,285 Posts.
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    Mick.... i too think you maybe onto something. I originally bought AHY @ $1.60, went to 2.20 and then dropped below my buy price. I sold when it got back to my originally buy price. I was getting tired of the constant stream of bad news and downwards earnings revisions and material cost upgrades. But I think this time, given the nature of its business, that AHY may have been over sold, the price drop is more akin to something speculative or where there is no earnings transparency. In this case, there is, but that its just lower. I will watch your timing with interest. Good fortune. PJ.
 
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