X, I could never take the money of a mate, so will decline the bet ;-) I hope it bounces back to $4 for you guys, and I'm sure it will given time. I have enough long money invested in the market that is currently under water, so I hope that it recovers as well, but prefer to keep some cash reasonably liquid.
You are dead right in saying that frighten money never wins, but at the moment I think it's fair to say that any rally on the ASX will be short lived (given recent economic data) even good stocks are being dragged down by the negative sedement.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
