Don’t expect true and intrinsic value to correlate with market cap at all in this environment. Either take advantage of ridiculously low SPs across spec land, or stay in cash until there is a serious capitulation or change in market sentiment. I will be doing the latter and IMO this change won’t come very soon.
It seems like a better idea to be studying macroeconomics right now, rather than individual stock fundamentals. This way you’ll have a better idea of when a recovery might be on the table.
Good luck to all x
How low will we Go.........., page-2
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