ouch.
Yeah I think thats what the article is saying and also that based on their debt level....their worthless companies.
Either way...which ever way we want to twist it......doesn't sound good....but its good to read as a huge amount of readers would be reading this and also putting the company's SP as worthless.
The sky is falling in. Bear markets suck.....but seems as though we have to have this clean up of the whole world's financial system.
Only the real profit making company;s....or some of them will come through all this. I imagine BHP will for sure....some banks...not sure about RIO even.
Will VPG etc? So hard to know or when things will turn back up but to me it seems it could be years....maybe many many years....maybe in 2010 a slight turn around. Its a gamble in itself to try and predict it so investing and trading now seems to be getting more gamlber orientated.
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ouch.Yeah I think thats what the article is saying and also that...
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