yeah right ....do your market homework and none of the current turmoil would worry you ....but you don't do you - no market understanding at all
for example Investors offloaded U.S. equity funds worth a net $16.47 billion in their biggest weekly net selling since March 29. They had bought into funds worth $19.7 billion just a week ago.....just a week ago !!!
Powell is going to keep hiking rates .... 'He also noted that a majority of policymakers saw two more quarter-point rate increases as likely by the year-end. U.S. equity funds of all sizes recorded outflows, with large caps losing $7.54 billion, small caps shedding $2.63 billion, multi caps giving up $1.04 billion and mid caps dropping $138 million.
Sectorwise, healthcare, industrials and tech took the biggest beating, with outflows of $906 million, $199 million and $158 million, respectively, but financials still attracted $933 million worth of net purchases.
U.S. money market funds also recorded $21.14 billion worth of outflows, in a second consecutive week of net selling.
this is the market
the business that is IHL is in a far stronger position now than at any time in its past ......when you enthusiastically posted this...
if it was such a great buy at 16.5c you must be loading up at these prices
anyway I'm sure this post will be lost on you
good luck to us all
IHL Price at posting:
10.5¢ Sentiment: None Disclosure: Held