After the drop last month, WHL is slowly recovering. But it just doesn't seem right, PE is still seems high looking at the current retail atmosphere and the unsecured borrowing. What do you think about WHL?
Yep - Ive got them (and TFG,TRU and SHP) and the only reason is the difficulty in finding well run companies with growth potential in other sectors. I'm looking at my portfolio and struggling to find sectors which haven't hit the top yet and the juniors don't seem to have consistent performance. I suppose if it where easy, everyone would be millionaires.
Rising wedge does concerns me. If you take FSR movement from the beginning of the year till now, you will find that the share price had hardly moved,but for short term trading it did deliver some nice profit. Conclusion: Trade this share with a short term view with tight spot losses.