How to Avoid the Next Dick Smith Holdings (DHS)
Our job at The Chartist is as much about helping our members protect their capital as it is about advising them when to enter the market and which stocks they should buy.
We constantly monitor trends; the trend of the overall market, the trend of each section of the market such as small caps or large cap stocks and the trend of individual stocks.
DHS is an example of a stock we would not have recommended (DHS is in a trading halt as at Jan 2016):
Did your broker recommend DSH?
This was the broker consensus for Dick Smith Holdings (DSH) prior to the stock being suspended from trading due to going into voluntary administration:
Only one month ago 4 brokers were telling their clients to HOLD DSH!
Unfortunately many brokers and value investors were still recommending their clients buy or hold DSH under the misguided opinion that they would be ‘getting a bargain’. Instead holders of DSH are left wondering if they will ever get their money back.
If you never want to be involved in a collapsing stock like DSH or Babcock and Brown or One Tel or HIH Insurance, and the list goes on, then consider a membership to The Chartist.
The Chartist is a company where you deal directly with the business owners, Trish and Nick Radge. The business owners follow their own advice trading alongside their members.
If you would like to benefit from The Chartist’s analysis, join the free trial to learn more.