KPN, Royal KPN N.V.

kpn mar 1 2013kpn mar 1 2013 b

is now at 2.51 Euros. This is the old PTT, the Dutch government’s telephone and telegraph monopoly. 2.51 reminds us of Ahold and also ABB, both of which regained their composure in a spectacular way. Who knows if it will happen again but if buying low and selling high is your game, you may want to consider this one. After all there is a very nice  5 waves down.