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Well that is true but most of those examples are good businesses...

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Yoda2503

631 Posts.

82

23/04/18

20:51

Post #: 32639815
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Originally posted by Autosime ↑

No doubt some of the top 20 where net sellers - you don’t have a 55% SP drop in a day without insto selling . For insto the question isn’t whether they think it’s worth 60 or 70c , once they take the view they aren’t holding they will dump relentlessly unti they are out as in the end the difference between 45 and 55 May be .1% of their funds performance. This kind of selling is where opportunities sometimes materialize . Take BAL , BLK , AGI , Flight Centre , TWE and ALL a few years back where all at some stage sold down heavily by institutions causing big price falls . Not suggesting the stock is going back to 2 dollars or even 1 any time soon, but at 45c a 30-35% return is not to onerous imo

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Well that is true but most of those examples are good businesses with good revenue recognition policies........i dont think this one is in my opinion

ISU Price at posting: 44.5¢ Sentiment: None Disclosure: Not Held
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