Yep, all fair comments Spikey - irrational behaviour will probably be the order of the day...if only I'd sold at 276 on Thursday! ;-) All that said, guessing the Greek fall tomorrow, now there's a challenge for you!!!
may well not get that price. but worth a shot given the climate.
rationally, i don't think that the greek exposure for barcs would justify that sort of fall in the medium and longer term, i do agree with you there. but short-term, these markets are probably not going to be trading in a rational mode -- there will be buckets of fear, which may lead to significant overshoots on rational/value pricing. & some stocks will be hit quite hard simply as they are liquid enough for people to use to change their risk ratios.
dangerous game trying to guess too much what happens next week. mostly, i intend to sit on my hands, pick up small amounts of larger cap income stocks that i have already been trying to gradually accumulate, & otherwise stay fairly well clear & just have fun watching braver people.
Quite possible but I suspect it won't go this low but it real is anyone's guess and if full panic does set in the bottom will be hard to call in the S-T - lots of people think "if I sell now and buy back later (cheaper) that will reduce my losses, yes?" - not that simple and the retail investors are the ones that usually lose out in this type of panicked market! GLA.
So a c15% fall when there is pretty much nil exposure for Barcs to Greece!?!? Clearly it will be a sizeable fall with everything else but seriously...and I can still some more twists before the markets open tomorrow...Big caveat - none of us know and the herd may well be in full panic mode in the morning!
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