RHC – Ramsay Health Care
If you are looking for advice you should not look at forums. It appears you have no trading methodology, plan or belief system about the market. You may be a random walker, I don`t know. Clearly you would not be seeking comfort from people who may well be taking the money out of your pockets.
Here`s how it goes: This is all for you, dispense I will, however I don`t know your holding intention, your trading plan, methodolgies etc. So, whatever I say will be useless because it is only suited to me and the way I view the market, stock etc. I have a trading plan, methodolgies, convictions etc.
Your comments prior:
rule 1: don`t fall in love with companies.
So if you look to fundamentals why buy and sell so much? The fundamental time frame is generally longer – investing.
I suggest you decide which you want to be: a speculator or investor. Then you can get some education re: the technical approach. Be warned it is a minefield of hit and miss approaches, then there is the mechanical vs discretionary debate etc.
For me:
RHC was becoming a buy before the announcement, but after, it was clearly not a buy. But this doesn`t mean much as I have pointed out above.
Next time give something to work with and we can have a real good chat.
Take care now.
Snake