Yet another bum stock in my portfolio. Hard to believe this was...

Yet another bum stock in my portfolio. Hard to believe this was once a $15 share.

I also don't think the price on this is dropping because investors have suddenly developed a conscience. This decline is merely symptomatic of share market that is very pessimistic. The only real light Transfield has seen since the GFC has been in the weeks leading up to the recent takeover bid. Nothing much else has caused its price to rise.

If its yearly performance chart was on the front of your hospital bed, your relatives would be making funeral arrangements.