rennies, i am 75, and been tradin as long as i can remember. fundamentals count for nothing in times like this.
people caught in a bear trap oweing money for margin calls will sacrifice good companies like cuo for next to nothing to get money to fund their call.
the fear of watching a share price plummet that you own, has caused some people heart attacks, cancer by the shock of it, or stress and anxiety attacks.
others have blown their brains out, or jumped out of windows of multi story buildings. the fundamentals cant save them. its all happened, ive seen it.
only CASH is king in these sort of markets.
When the dust settles, and the markets find the world isnt going to end, they realise that its always darkest before dawn.
cuo can rise again, all we have to do is wait.
i panicked about 20 years ago in a crash and sold a share for 8c, after about 18 months it ended up going to $2
hang on, be patient and disciplined. good luck
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rennies, i am 75, and been tradin as long as i can remember....
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