Today is the bottom

In my humble opinion today is the bottom of the share market rout. The US will rally hard tonight on the back of the passage of the US trillion dollar rescue package and the availability of anti-Malarial drugs available in New York tomorrow. The FDA is co-operating with the Trump administration to test new drugs asap while the best scientific minds and companies are joining the fight. Trump announced this morning that in 15 days the US government will decide if America can “open for business”. Markets will move BEFORE this date. He also said the crisis will end “much much sooner than 3 months.” He has said the medical problem will not become a financial problem.

Do your own research but I wanted to go on record today with my view.

I believe Elixir is a compelling buy anywhere under 5 cents. Remember the spirit of Aristotle Onassis who bought distressed assets (ships) during the worst of the Second World War only to emerge with one of the largest fleets of vessels to transport goods during the war and thereafter and become one of the wealthiest men in the world.