Nuclear disaster avoided.
After receiving an earth quake 7 times larger than the plant was designed for and a tsunami wave twice the size a 40 year old reactor (of old design) Stood up very well indeed. The radiation release was minimal and did not increase the back ground radiation. Workers at the site are undamaged by radiation.
Why with global warming are we not switching to nuclear power. The new reactors can survive events that produce more damage than an atomic bomb. about the only thing that will bring down the new reactors is a comet hit, but then who cares life is dead anyway from the comet.
Talk about an over reaction people.
Newspapers and the media sell adds, Sensation sells news, sell more news make more money advertising so beat every story up to the max to max the profits and the truth can be damned.
Fear and sentiment compelling market forces in the short term but long term follow them at your peril. Day traders are always going to get burnt by sentiment.
Head lines in two weeks.
The brave and convictions lead investors not swayed by events out of anyone's control. Those that look for value over the LONG term (Long = 2 years plus not
2 weeks). have again picked up bargains changing the ranks of the top billionaires in the world. Pepsipet tops out bill gates along with a few other hardy investors in U stocks that did not spook out they waited till the right time to buy.
How could anyone guess that the after two weeks of beating up the nuclear disaster, that a hurricane 7 times the size of anything before swept in across the US, loss of life expected to be in the 10's of millions. News media gets hold of it and starts blaming the greens as we must switch to nuclear before its to late, True America no longer really exists in any meaningfully way But china, India and greater Russia swing into action and grow to more than 10 times the market size America was at its strongest. America sells its navy to china to pay of debt.
this is fun if, it would be more fun if did not cost 10 million lives.
next weeks head lines
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Last
$3.16 |
Change
-0.005(0.16%) |
Mkt cap ! $553.6M | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.21 | $3.14 | $618.5K | 195.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 14096 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 5754 | 12 |
View Market Depth
| Last trade - 13.07pm 05/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |