RE: Reasons to be cheerful Part.........?23 Mar 2020 08:18
Zimb have already taken the decison to shutdown the government for 2 months, they're seeing what the virus is doing in UK/Italy/USA and they're scared, they don't have the infastructure and healthcare in place to combat it if it spreads like it has done elsewhere. No doubt they'll go full lockdown shortly and then nothing will be moving.
Smokin, the entire market is down and nothing is moving purely based on sentiment, NCYT is a COVID-19 test that just got FDA approval and thats been up and down more than ever despite what would be considered a favourable market for them.
At this point its purely a punt unless you are willing to be locked in till June/July for Zimb to reopen and BP to come online.
Anyone claiming to have any idea of whats going on is very niave of how damaged the markets currently are