RRS range resources limited

moody's expects....us debt

  1. 490 Posts.
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    I am NOT panicking out of Range, but did sell one two other stocks that may not recover quickly if the US defaults, but that doesn't mean that the markets will crash. IMHO, I think a lot of the US 'debacle'has been factored in (somewhat)and those that decide to hang on may see a bit of a yo-yo effect a blip, a wobble...but markets recover, they always do.
    Range is well placed to take whatever the markets throw at it.

    MOODY'S are rather generous...but then THE US has had this debt hike at least 30 times in the past, this time it is purely to throw scorn on Obama, a good man with bean brain Statesmen for cohorts.
    Come on Barak put your foot down and show them who's boss.

    http://www.reuters.com/article/2011/07/30/us-usa-ratings-moodys-idUSTRE76S6DL20110730
 
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