It's the market combi
People are beat...they literally don't care anymore....no money anymore...nothing to sell to lose....
Read something interesting on minnyville the other day that said a turn-around in sentiment will be triggered by a general lack of apathy in investing....that is, when people literally stop investing in stocks is when the market will start to improve....of course, that won't ever happen, but the jist of it was when people stop caring.
We're nearly there...everyone's so down-beat it's not funny...they're not scared anymore...who cares...they don't care....we don't care....in fact, I don't care....seeing more red each week actually brings a giggle NOT fear....it means they're (and whoever they are) aren't scaring us anymore...their tactics arent working.
So what you're talkng about is a general market sentiment not just MAK....on that topic, PattyP posted a nice chart showing a strong correlation between the swings in MAK and the general market...read what you will into it but it was persuasive.
Maybe RWD's nightmarish troubles have something to do with it too...
oh, and yesterday's preso was a goodin.....it's all good....
Anyway, I say brace yourself for maybe another 500-1000 pt fall between now and XMAS, maybe even until early 2009....still room to shake out the weak....then let the dust settle and let's continue with that 20yr commodities BULL run of ours....:)
Donald "dont be scared little one" Frump
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $4.126K | 412.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 142059 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 4589025 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 142059 | 0.010 |
5 | 3756653 | 0.009 |
8 | 3605682 | 0.008 |
5 | 7990571 | 0.007 |
14 | 11456581 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 4589025 | 6 |
0.012 | 4092225 | 6 |
0.013 | 3500000 | 4 |
0.014 | 3656666 | 6 |
0.015 | 2600000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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