TSE 5.50% $1.06 transfield services limited

Decided to follow a hunch and got out at $2.65 yesterday.Held...

  1. 1,752 Posts.
    Decided to follow a hunch and got out at $2.65 yesterday.
    Held the stock for 3 months odd at average SP $1.97.
    Got the 4.75c divi as well.
    That's about 35% profit after brokerage.
    Not bad for 3 months work.

    As my old mentor Bruce Bond used to say, profit is not a profit until it is in the bank.

    It looks to me that the $2.75 resistance will be hard to breach.

    So I will look around for another oportunity elswhere.

    Good luck to all still on board.

    Brian.

 
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