A lot of panic in the greater market at the moment and would think that some people are starting to take cash off the table considering the DOW futures are down over 300 points and what is looking like being a big drop for the yanks tonight. I think this is where your research should help you work out if it is wiser to pull out or stay in. Things to consider 1. How much dept does the company have? 2. How much cash does the company have? 3. How much will it cost to bring projects to live and can the company do it without going into a high leverage deals? 4. Is the sector you are invested in in any real danger of collapse? And so on
I understand people bailing today, must admit i considered it myself. But i read back over my research notes and i am happy to ride out the storm.
Cheers
ERH Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
