Forum Archive Index - March 2000
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[sharechat] The Warehouse
Frank,
Thanks for the info on The Warehouse. It is very seldom we get discussion on
(what may appear to be) the more expensive stocks on our stock market and so it
was a welcome change.
I have had Warehouse shares for quite a few years now and I remember the
majority of brokers earlier this year picking it as the stock to outshine the
rest in 2000 (article in the Business Herald).
The good thing about stocks such as The Warehouse is that very few shares are
in public hands and so there is very little chance of losing your dough.
While I don't imagine short-term traders would look at something like The
Warehouse(considering its premium entry price), WHS always seem to peak at
about the $9.00 mark around financial results time. It closed at 7.80 today so
maybe if it is a quiet day tomorrow, it may well attract the day traders.
Thanks again,
Keith
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