is ost a good buy or good bye?, page-10

This company's share price has less to do with its performance than the general attitude of risk aversion sweeping Australia at present. I don't think I've ever witnessed a time when the media was so concentrated on bad economic news. When a company like BHP posts the largest profit in Australian corporate history and follows the announcement by shedding over 30% of its market cap, how can you possibly expect any other company in a related industry to outperform?

With the mood of risk aversion so ever present, I expect that if our local corner store announced it was closing up shop, the ASX would drop 3% the next day.