I recently bought wmpy on June 2nd for 281.64p. Im not one to hang onto shares for long and hoped to hear from other holders of this stock. Today the share price is about 308p.

Over the last two years the shares havent made it much above 3. The last 3 months has seen the share price do well though. The dividend date is in Sept 3% and the PE is just 6. Turnover and profits have increased for the last 4 years.

Should wmpy be held for a longer term ie til Sept (also due to the bullish attitude in general) or is housebuilding going to see a tough time of it?