blueballs as I said "I understand We are in a bear market & prices will correct no argument there"
I am not bullish & understand there is no easy fix for the markets over coming year or so we can expect very tough times.
Its the prices of stocks such as OZL, FMG, MRE, PEM, LGL, etc... in recent months, you have to wonder what the hell is going on.
I hold none of these stocks as I trade the spec sector, but having to watch this slaughtering day after day is just sickening & we have to wonder how much of this market is down on short selling alone, how many mum & dads ruined by insto tag team short selling.
As said hardly a fair market.
No doubt the market is being rerated due to current world wide problems, but it should be done on a more fair basis not by dirty short sellers ruing quality companies & investors wealth.
