Club Mulgoa

Wednesday, December 29, 2010

UNX

When the GFC hit, many of my stocks turned red. Years of investment, years of work, years of research, all going down the drain. When the GFC subsided, you can see green bands re-appearing as losses became profits again. Slow, then an avalanche. So today, courtesy of one recent top-up, I am glad to say UNX has turned green. Not Bob Brown green but CommSec green.

When the share price of a stock takes a drubbing, investors often stay on the sidelines even if they know the company is great. The best thing I did during and after GFC was to plunder the market for this kind of stocks. I adore idiotic selling... and I am sure I have been an idiot too in someone's else eyes!

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