CER 0.00% 32.0¢ centro retail group

cer will have her day nta 72c, page-17

  1. 2,086 Posts.
    "...Made money today on all my stocks ANZ, MQG, RIO, SUN, WPL, CWN today, and only CER that let me down!..."

    There is quite an obvious difference there.

    WPL, MQG, RIO, SUN, CWN and ANZ are all blue chips, well ASX100 companies anyway...not sure you could call some of them bluechips anymore.

    CER is most definately not.

    It's always the bluechips that rise first in any sort of recovery.

    A couple of months ago, I thought CER would fall to six, maybe five cents...looking at today's shareprice, I am so thankful I sold out then.

    People here are talking about the US recovering soon enough...I think we might just be seeing the beginning. AIG losing $60+ billion IN A QUARTER was phenomenal...banks are falling over left right and centre, property prices continues to fall, and it's only a matter of time before the automakers go bust.

    It will be a far more agonising and painful experience than what people are hoping for...and there isn't any light ahead for the US any time soon.

    IMO



 
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