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Monday, June 28, 2010 8:55:28 PM
The real pressure is i think that the market in general is declining, and i think it will be FALL before anything signifigant turns matters around. As they say "Sell in May and go away". In the meantime we should look forward to some lower prices. It hit .19 today, I hope to snap up some shares at lower prices.
Alot of companies are experiencing their shares drop. I am not sure we will se a double dip and but the market is going bearish and there are stocks that are cheap even compared to last summers prices.
Have you seen DRYS ( shipping) it is trading at $3.96 ...wow!
Many of the chineses stocks are incredibly cheap, or much much lower than 2009 highs.
The banks are also coming back down.
This is a market situation and may get worse. I am waiting for better prices.
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