SBN 0.00% 0.0¢ sun biomedical limited

Hi SSV,I certainly hope you're right about the market...

  1. 423 Posts.
    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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