ERA 9.09% 1.0¢ energy resources of australia limited

is it finally the time to buy it?, page-55

  1. 275 Posts.
    hi stockzilla,

    The main factors, IMO, contributing into 'this silence' are a long time underperformance and the scary images from Japan keep disappointing the holders(i.e. media influences) what at the end of the day may make holders not so confident in this stock.

    Another factor is obviously the economic uncertainty and a threat to fall into a double deep recession what can further affect most stocks including the most sensitive ones like ERA.

    Nevertheless, I believe there is not much room for this stock to fall down, and ERA performs relatively well compare to many other stocks in terms of the volume which remains quite impressive.

    113 buyers for 333507 units
    75 sellers for 218887 units
    Value is 1,210,926
 
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