you have to think about what Harris and Sanders will do, when they replace Biden under section 25.
Socialism, is about taking wealth away from those who have earnt it, saved it, invested it, built their own business at their own risk. Estate taxes, land taxes, its all about taking it, and giving to the big government to spend on those who dont earn it.
You dont think socialism will come after the big stocks on the DJ ? or all of them ? And what happens when people arent investing in those stocks? the stock market goes into a bear market, that lasts for years.
Obama/ Biden, democrat were central left, before trump , were nothing compared to the extreme left of Harris / sanders.
There will be individual stocks like IBX with something transformational, but it has to first flush and tighten its registry who will be moved by large gyrations on the DJ/ ASX.
If the DJ crashes 2000 pts a day, like it did in March, where are the buyers going to come from ? Yet sellers come from holders who are freeing up cash to buy other stocks at half price. etc. Its an effect which the tide effects all.
At the end of it, as we start delivering results, the win case will still deliver an amazing ride for IBX.
IBX Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
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