Rough Seas out there …29 Dec 2022 13:22
Afternoon All
Very Rough seas out there with many stocks being battered on the Russian rocks & now being harpooned by crazy inflation whilst the Chinese COVID box jellyfish loitering to sting .
Stocks & markets have been leathered since the invasion began including EUA otherwise would likely still be treading water in the 20-30p range until further asset sale news . In my opinion .
The whole market & stocks playing field has completely changed …
Just look at the wider market + stocks the list is endless of war stock casualties ,
POG - in administration
POLY - down 85%
Crypto - many down 80% or worse collapsed into bankruptcy & more to come .
GGP - down 65 %
Arb - down 95% & looking very volatile / fragile
Bens Creek - down 70%
AMR - down 50%
Cine - down 90%
Ncyt - down 70% - however up 25% today I assume on covid news .
EUA - down 70% - however up 1000% on asset sale news - Hopefully , maybe , possibly :)
The list is endless
There maybe bargains out there however the volatility will continue & more stocks will be leathered however , With a few Phoenixes rising from the ashes let’s hope for all investors EUA is one of them .
Surely with the current war situation which has triggered a financial tidal wave of negativity in the markets ,
if you got some beef on here , perhaps try giving Putin a ring & see if he will put down his vodka & listen to your moaning
Each to there own all invested have choices every day buy , sell , hold .
Rums all Round