RE: Frustrating stock price stagnation but most often this is the best time to accumulate as I have lear3 Mar 2021 13:15
I see everyone is trying to remain positive but i say again, it's no help at all just saying it'll be AZN turn soon. Please explain to me why ? I would if I could but i can't. I thought, at one stage, it was down because of the £/$ fx but I now can't see this as a ongoing reason. As we know, stocks are generally valued to future earnings so does the market expect lower earnings with which to explain the falling sp here? The $ is expected to gain strength as we gain 'normality' so maybe this will raise sp ? Also, please don't take this as insensitive and mercenary, (I'm just being objective here) there has been many 100's of thousands of elderly passing lately. This affects sales. Ok, it's grim isn't it but I've said it now. Think about it? Chemo costs ~£30K per person. Being an older person I've seen my share of friends passing with C. Please don't snub me as unfeeling.. just trying to understand ' stuff '. Also, this cancer market is seen as very lucrative one so competition is fierce out there. That's what business does. Ok, Probably said enough and getting carried away now...... aren't I? GLA