Will short term irrationality out weigh long term fundamentals in the next 2 months? Hard to say. If I were to stay in the market, it would be with stocks like JPR who
a) have multiple good news announcements on the horizon to counteract headwinds
b) are relatively well capitalised - lending and cap raising are going to get ugly soon
Still its a tough call as to whether I take my bat and ball and go home for a while. At this stage its hard to imagine things can go much lower for JPR.
Will short term irrationality out weigh long term fundamentals...
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