VAN 0.00% 4.7¢ vango mining limited

is everthing in the garden rosy?

  1. 233 Posts.
    I think ORD is a great stock, has more potential than any stock I've seen in the last 5 years, however, I do agree that even a great stock like this is not immune to market conditions and my worry is that all hell is about to break loose in the financial world and it will give stock markets around the world a severe battering and it will last long term. The issues with the European economies is about to blow, they have just kept throwing money at the problems and the problems are not going away. The us economy is quite frankly on a knife edge, debt ceiling being raised, jobs growth virtually nil, unemployment bad and getting worse and many of the states, particularly California are up to their ears in debt and not far from defaulting. At the moment it just needs one significant event to occur and the global house of cards will tumble. I will be waiting to exit ORD some time soon as I think the market in general is a very unsafe place to be. This sounds like a tale of doom and gloom, but I'm just telling it the way I see it. Is anyone prepared to argue, does anyone think that I'm wrong and that everything is wonderful and positive, is everything in the garden rosy?
 
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