Yeah, I'm certainly thinking about it. There was a story in zerohedge over the weekend about a junior explorer ETF suspending intakes. In the comments a few people thought this would be bad short term (not wrong). I also think this is a big flush out. Over the next week there is the French election, and the Americian debt ceiling debate. I don't have a clue how the French election turns out, but I really think the American government is going to shut down, and it's going to be a sh-t show. Add now a snap UK election. Retail spending, new and used car markets, commercial real estate to name a few looking like finally starting the much awaited global role over. We also have a budget that could lead to a downgrade, so of course with the world an absolute powder keg, everything junior is getting hammered.
TMT Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held