RE: SP pullback28 Jun 2024 12:39
Well, I think the point is to buy them while the market has no interest (and presumably the stock is cheap), based on ones point of view that Rank have an improving future ahead.
Having said that I need to practice my own ideas and buy more. I think many of us are waiting for great news and a share price that doesn't move yet, when it's announced, but that's not realistic as the SP will jump. When that happens we end up waiting for a pullback that never happens, and then a year or so later with deep regrets for not taking up the bargain stock. Hopefully this is as low as it gets more or less, but who knows what the future holds for any individual companies.