others shares losing their shine too

  1. 180 Posts.
    Other shares are now losing their shine now.

    I can't understand why CBA is so high in a bad property market I think it is because it "appears secure" but it can crash too eg. 35c to 25c not long ago.

    CSL is riding the bird flu "scare" which could disappear and the stock crash eg. 49c to about 16c recently.

    Qantas went up with high fuel prices I would never of thought that, to me the market is very "faddish".

    "If" fuel prices continue to drop that will help Nylex.

    The fuel price probably has been pushed up artificially by speculators eg. hedge funds, who may have difficulties if US raises interest rates 1+%.

    If Nylex holds up to its promises it may stand out for good rather than bad reasons.

    Mabe everyone is waiting to see it take off for sure before they commit any money.
    At these prices it would seeem you can't go wrong

    But I thought that at 30c !
 
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