If a companies fundamentals have not changed the SP means absolutely nothing UNLESS you need to sell. DYOR but it can actually present a cheap buying opportunity.
The whole credit market is in self destruct mode and will continue to drag on the market. Several big US banks are looking like they will fall over, so of course people are in panic mode. Funny thing with panic .... it creates opportunities for those cashed up and smart enough to take easy profits.
As can be seen several car companies are looking very vulnerable with even the worlds biggest manufacturer now acknowledging its got cash for 2009 and chapter 11 bankruptcy is not out of the question unless they cant dramatically cut costs.
You can make good money in a bear market but deep research and an understanding of market sentiment is vital. IMO at this ludicrous SP level its much harder to steal candy from a baby.
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