SPX 12.5% 0.7¢ spenda limited

Has the Merger fallen over?

  1. 3,505 Posts.
    lightbulb Created with Sketch. 1320
    Really?
    Or is it just people panic selling whatever they can, in a broader ASX slump, so they can race out to buy loads of toilet paper?? tongue.pngbiggrin.png
    so far today: BHP is down 11%, CBA down 4%, WBC down 5.6%, RIO down 6.6%, ASX 200 down 347 points...
  2. 275 Posts.
    lightbulb Created with Sketch. 52
    the merger isnt over. I've just spoken to management, its well and truly alive and will be going ahead.
    This is weak hands, in a weak market, filled with fear, selling based off other people selling. Same as the toilet paper buying. you didnt need it, but you panicked when everyone else started buying, in case it was gone when you needed it. Classic FOMO. what we are seeing here is reversed FOMO. Wait until people realize they sold for no reason, (this stock and all the others) then panic rush to get back in.. i know what i'm doing.. and it sure as hell aint selling.
 
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