Its easy to say a stock will go down in a market like this. What I would like to here from deidre is how you value a bank stock at the moment -
"Stocks currently held are INL (3.6c average price) & I am accumulating a heap of NAB. Won't need to play the spec end of town for multi baggers as the quality stocks are just being thrown out the door for nothing"
When they don't even know the extent of their bad debts?
Much eaiser (and safer) IMO to value a company like PNA
And when did PNA go back to being a spec?
Hmmmmm....
PNA Price at posting:
16.6¢ Sentiment: Hold Disclosure: Held
