RE: 28 Reasons to add Alpha Growth to your watch list20 Mar 2020 20:29
I should not even be commenting here, since I exited all equities earlier in the week, but it seems to me that the sheer scale of the social, human and economic disaster unfolding before our eyes daily has not sunk in to the general public. This is the biggest crisis in a hundred years and I expect equity markets to slump even further and badly so.
I will keep this stock on a watch list, but with the best will in the world, even if the fabled RCF is announced, any SP rise is likely to be sold into as the world takes flight into cash.
It is worse than the Great Depression with 15% shrinkage in the world economy in short order. California is in lockdown and so is London. The brokers are all working from home as are ALGW directors. The worst possible moment to launch a new investment fund. I don't think Gobind will do it at this time and the upcoming podcast will explain why not ( just my view)
It is WW3 , beyond doubt. I am holed up in the Highlands with enough grog to self intoxicate for weeks.
The one upside is that COVID-19 has done more to halt global warming than a million school strikes organised by Greta Thunberg, and now they can't go to school anyway.