Lots of co's are being re rated for future earnings, this is causing lots of prices to fall, hence the market is crashing, so if a company doesn't yet have earnings, like BOW, but it does have assets, so it has value, from what I can gather the issue price was 20 cents, and ignoring inflation etc, could it be reasonable to suggest BOW has hit its bottom? Anyone who is selling below 20 cents is throwing money away. I'm a holder of not many, and with the current moves within the CSG sector atm, i'm going to stick my head up monday and buy some more.
BOW Price at posting:
17.9¢ Sentiment: Hold Disclosure: Held
