CER 0.00% 32.0¢ centro retail group

Well someone is holding up the price cause the support waded on...

  1. 1,534 Posts.
    Well someone is holding up the price cause the support waded on in at 3cents and under when the price dropped today.

    It was a scary moment and to be quite honest I am getting sick of seeing the price continually slide especially after yesterdays dramatic rise which filled me with some hope.

    I thought we had seen the end of Febuary but its still lingering in the stockmarket. The gains are quickly erased by a sellers cluttering up the boards.

    It shows a real no confidence, about the only positive thing I can say and that is the US has now been hunkered down in recession for over a year compared to everyone else so its likely to rise out of recession first and also CER's exposure to a late declining Australian market is low with only 40centres.
 
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Currently unlisted public company.

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