Valinvestor,
Firstly I am not a holder of WSA, and I do not discount the possibility of the sp going quite a bit lower.
I do however find your reasoning totally skewered to the conclusions you have already drawn, and I find your signature entirely lacking in credibility. There is certainly another financial crisis coming, there always is, but neither you nor I know when, nor what it will be safe to be in when it occurs. I see no evidence that it will be derivatives or credit default swaps and after 2008 find it's near term repeat highly improbable.
I do however see the pumping up of assets values in general as a huge risk, albeit entirely in the interests of the % men in the financial and real estate sectors. I also see more pain in the resources sector, and it seems that closing low margin mines is a more sticky business than one might assume.
You mock analysts expectations, as well we all might, however in another post you suggest I get broker advice, which no doubt will be coloured by their analysts views?
I knock your signature as you have previously referred to it as your defence.
EL
- Forums
- ASX - By Stock
- WSA
- Ann: Forrestania Operation Power Interruption
Ann: Forrestania Operation Power Interruption, page-10
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)