RE: CBB5 Dec 2017 12:46
they're taking over companies, or buying products and using the SP as collateral, it'll work out fine for them, poor for investors, when the likes of rigg start cashing in their options, the sp will slide, and slide badly.... as we've witnessed
as far as recovery goes, i'd say low to mid 11's is going to be the ideal target, and, it's why i'm reluctantly considering a small buy to drop my average to 1050, because that way i have a faster out strategy/possibility.
i just don't want to have to do that, and potentially waste the small amount i have to invest at this point, so i don't know, had i got the buy in target for something else last week, i would have no funds to buy in with, so might just sit still and wait.