Fusion Portfolio Buys Westpac
September 30, 2008 11:25 am by Dean Morel
| Last Trade: | 21.920 AUD |
| Trade Time: | 10:53AM AEST |
| Change: |
Buys 1000 shares of Westpac. The best capitalised bank coming in and the most likely to survive. I’ve been waiting to buy WBC as noted in an earlier post. Check the dividend history and pick a time that you think represents normalised earnings and timeframe to when earnings will hit new highs.
I also realised I have only commented on my last purchase and never posted about it.
Here is what I said
Fusion Investing Fund just bought AKAM for $17.36. 1000 shares.
Also placed a sell Put order for AKAM. Will notify if executes.
And placed sell Put on GE, will notify if executes.
Both for 10 contracts.
Neither executed, but would have the following day. In these volatile times and being time-slipped from the US market, I’m using day limit orders.
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