After doing a little more reading about the "How the Chinese Lehman Brothers (Evergrande) will make 2008 happen "again" I believe the "sell off" was based on feelings. The 4 biggest investors that Hold Evergrande Bonds such as Ashmore goup, Black Rock ETC only a accounts 0.004 of percent. Yes unfortunate for the average CHinese homeowner, however in out case it won't affect us.
Another note is. I Don't believe Inflation is "transitory" It's hear to stay. The cost of goods and materials will only get higher and higher. Gold is expected to hit $3000 within the next 5 years or so. If Mount dove shows grades near De grey with a slight hint of feasible numbers then all hell will break lose.
Assuming most people here earn on avegage above $45K annually. Evertime you sell & Trade this stock you are paying $5K Plus to 0.32c for every $1 locking in profits each time.
Peope with a large following base will create panic & fear causing a domimoe affect on a sell-off including the media. This where it's extremely important do DYOR and have a risk assement,
I will admit, I'm not as intelligent campared to my peers and in my circle. However my reasearch has not become a hobby for me, but survival.
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $319.0M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.0¢ | $828.0K | 26.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 4175305 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 2377545 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 4175305 | 0.031 |
95 | 24623914 | 0.030 |
36 | 9894570 | 0.029 |
32 | 8839967 | 0.028 |
15 | 4926089 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 2377545 | 13 |
0.033 | 8029389 | 20 |
0.034 | 15817594 | 23 |
0.035 | 9201390 | 32 |
0.036 | 6591319 | 34 |
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