ERA 0.00% 0.7¢ energy resources of australia limited

96c - bargain or basket-case?, page-2

  1. elc
    938 Posts.


    Despite my rantings yesterday, of course it is at ridiculous values.

    But what we have here at play is simply market forces. There are a lot of people, not only me, who have a lost a fortune and find themselves in a difficult position. The buyers know that and wait for the sellers to sell to finally relieve the stress.

    It is not a basket case, as there are plenty of people buying. They are the ones who will make a killing on this.

 
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