ARB 1.02% $39.95 arb corporation limited.

...on the other hand, you have investors piling into...

  1. 11,524 Posts.
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    ...on the other hand, you have investors piling into all-but-bankrupt companies (Hertz, Kodak), bidding up companies with accelerating losses to the sky or giving them a pass even when they underwhelm (almost anything cloud or e-commerce-related) etc.

    Even companies with copious amounts of uncertainty about their outlook as things stand today are catching a bid e.g. the travel stocks.

    Many companies I follow are trading at equivalent or higher levels to their pre-pandemic prices, even with earnings going backwards and a relatively muted or uncertain outlook. Topsy-turvy much?
    Last edited by thunderhead1: 19/08/20
 
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