Sushi1 - SSN closed in the USA at US$1.32. This converts to A$.0686975.
This is the time of year when the Dow market will start to reflect down up to year end. Banking may be down trend for 4th qtr.
Expect the economy to be down with housing, employment leading the pack causing problem in all levels of banking. Oil and gas will start increasing as winter approaches the USA. This should cause oil and gas production better.
I expect the DOW to settle around 10K to 10.5K at end of year. Small cap companies with low exposure to the average shareholder will normally track down when the owners appear to be holding information.
You are correct that now SSN is a better share price here in the USA. I am watching Australia tonight and will buy below A$.07. SSN is still a value play IMO. I plan to treat this purchase as a short term buy and take some profit because I expect Gary to report soon.
Bob
- Forums
- ASX - By Stock
- SSN
- even the americans are giving up
even the americans are giving up, page-2
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)