Having endured the stresses of 2017/18 with GXY/ PLS and some others no longer with us, now is about the time where investment fundamentals are out the window and all we are hanging our hats on are prayers of a leftfield saviour.
From my experience, this will be driven down to the ground and most longs will be severely tested with many capitulating and looking to preserve the limited capital they have left.
Whilst being a recent buyer, I am now convinced that that was a bad move and I have reversed my new positions.
For the sake of my sanity I won't be visiting the HC threads for a while so I can focus on other (more important) matters.
GLTA but don't think this will turnaround in a hurry. You've got the BEOT with deeper pockets than anyone else riding this all the way to oblivion. They are ruthless and have no compassion whatsoever.
AKE Price at posting:
$8.55 Sentiment: None Disclosure: Not Held