NBS 0.00% 9.9¢ nationwide building society.

bad news is being baked in even more and

  1. 155 Posts.
    does anyone know when they report? I thought it was yesterday.

    The recent action supports the HC message board's view of bad news but a contrarian would also point to what happened last year when the price was spiking to .57 on hope and the potential for really good earnings. All the good news was priced in and this board was going nuts. That was the time to sell. With the clamour and pump the price peaked before the earnings release and after that release started a painful descent. It is now quite different to a year ago. Whichever way the shareprice goes this makes for good lessons- especially what I saw at the peak last year. Martin Pring's Investor Psychology Explained is a good one to read about investor psych and why so many can fail at this game.
 
watchlist Created with Sketch. Add NBS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.