Hi SSV,
I certainly hope you're right about the market rising!
Apart from SBN, I'm holding so many companies that are at ridiculous prices - below cash backing!! - and they are continuing to fall.
Why a fully cashed up oil explorer should drop in value by 60 or 70% just because a few US banks fall over on the back of dodgy housing loans is truly beyond my understanding.
Like you, I suspect the rebound - when it comes - will be very sudden, and very dramatic. Changes in sentiment can occur with lightning speed. One day, a crash, the next day, a mad scramble for stock as everyone realises at the same time that the market is back on the way up.
Ah well, I can dream, surely??
BridgeBaron
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investor update , page-63
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