AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-25287

  1. 2,923 Posts.
    lightbulb Created with Sketch. 523
    That was my point re money flow, indicating that would be what many are doing ... wait it out and assess. Buying penny stocks would not be on their agenda Id assume.

    “Financial markets are reacting nervously to the spread of the coronavirus, and more and more questions are being asked about the economic consequences,” said Charlie Lay, a foreign-exchange strategist at Commerzbank in Singapore.
    The Hong Kong government unveiled measures on Tuesday to limit travel to and from mainland China to try to contain the outbreak, though it stopped short of completely shutting the border. So far, there have been eight confirmed cases of the coronavirus in Hong Kong.
    The main concern among global investors is that the virus could turn into a pandemic that cripples transportation, shopping, business meetings and weighs on economic growth. Luxury retailers, travel companies and casino stocks have been among the hardest hit shares in recent weeks."


    https://www.wsj.com/articles/hong-k...-up-to-coronavirus-fears-11580270827?mod=e2tw
    Last edited by scombley: 29/01/20
 
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