AEZ 0.00% 0.1¢ apn european retail property group

future, page-14

  1. 7,263 Posts.
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    Hi there Brian,

    I am not necessarily optimistic about AEZ. Lets be frank: it is in a very precarious state. Nickel and dime short term trading off the charts in a stock like this seems to me like running in front of trams to pick up dollar coins. I see this as a long hold 5 cent to make 30-50 play. I think that we will have to wait a few years, and we should not be surprised if it is put into liquidation at any point.

    I wouldnt put my house on it, but 1% of my SMSF would not cause me to weep tears of blood if the situation should turn to custard.

    DYOR

    Afterthought: I am unapologetic in my disrespect for charting. But the line about chartists being gypsies in suits is mean to be funny rather than spiteful. Some of my best friends keep a point and figure...

    Cheers.
 
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