Michael (@Wellenreiter) on getquin

1Yr·

Good morning,

I had Steico on my watchlist for years now. Entry price as at the rate in 2020. I am at $ST5 (-2.41%) also ready to accept another lean period, due to the interest rate policy and the current prevailing market situation.

In case of further drop also re-buys.😊

Top products / portfolio.

23.06

Steico

Bought x100 at €30.20

€3,020.00

24 Comments

Stefan@InvestmentPapa

1Yr

Welcome to the good side. 🪵 📈

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Sparfuchs@Reinecke

1Yr

I have it on my watch list. Just do not really understand why the supposedly undervalued. I think construction is the last thing to invest in at the moment.

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~ Michael 💎 🏅@Michael-official

1Yr

Exciting value and horny products 😄🙌

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Himutruurig@Himu

1Yr

When I look at the chart, I don't see any silver lining at the moment. So, if I am to invest in this share, then I should do so when positive news comes and a trend reversal becomes visible. N.m.M.

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Himutruurig@Himu

1Yr

I don't know, but since about the middle of 2021 it has only been going steeply downwards, with small consolidations. It is one of the biggest trader fallacies to think you have to catch the bottom. If the share turns, a resilient bottom has formed, it is still early enough for an entry. Until then, you can save yourself a lot of frustration.

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~HK@El_Riemo

1Yr

Why do you buy a weak stock? Burnt yield.

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