The sales of patersons may just be the transfer of diffrent...

The sales of patersons may just be the transfer of

diffrent accounts. And it's for avoid tricky issues raised

by ASX sometimes when broker wants to get rid of price

queries. Or probably they are the fund accounts that are

opened at Patersons.

And they may buy back later, always. They are kind of

insiders, they slap your face again and again. But their

target price usually come true. Then you will miss. The

trading history report is three days late. Or you can try

to sue them.
( Some bottom level is assured by moral, if you trust)

Patersons probably won't risk their reputation. They

seem to always care about it. At corporate level, their

reports are technically reliable. The analyst can be

somehow trusted from the ethical view. I find few reasons

to beat them when compared with peers.

And the report emphasizes that the buying takes risk at

some degree. At least my irrational greed comes from the

potential profit, if the board is not too disappointing.

The question is how much risk should we take.

By the way, patersons is a conservative broker. It tries

to speak some valuable. You can't expect more from a

broker.

Cheers