a year? are you kidding? i could have bought macquarie at 44 yesterday and sold today for 51. you think the peanut day traders want to sit for a year and wait and HOPE that something comes out of the ground? hmm.
while i might decide to sit and hold this one, i am fully conscious that there are 15 other stocks out there with the potential to do another fortescue.
a year might as well be a lifetime. what have we got. a US election, an attack on Iran, US financial implosion, Linc Energy possibly producing diesel, solar flares, another Eddie McGuire story on 60 minutes, Rudd dancing with Kerri-Ann again.
Markets are a day to day proposition
But agree. At 12c its a steal.
EVG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
