Added SGB; Holding Rio Tinto Alcan
by, 31st-October-2007 at 10:31 PM (2846 Views)
Big caps for the win, moderate gains and moderate risk!
I bought SGB at $35.40 as it had a pretty nice correction and well its a fantastic, liquid and mostly secure stock anyway :p.
I was quite lucky today... I didn't know it was reporting lol so it smashed estimates and surged a $1+ - I'm quite lucky!
SGB is the best bank to hold in my opinion. It moves really fast, has a nice dividend and is the most likely takeover target because of its size.
I continue to hold Rio Tinto Alcan even though it fell today, I'm confident it'll rise in the medium/long term.
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