Sorry to hear. My condolence to yr friend.
Think that Covid was the trigger. People who are not healthy or have a kind of sickness are vulnerable to covid.
Understood that NY had its peak (?) and market is picking up the positive flow.
If this is indeed the case, we will see a runners up on shares that have been hit severly last month.
You can make easily 50% gain, such as steel, minerals, chip, aircraft sector, oil
I have bought cheap to average down my portfolio but still hold some cash, as I am not sure if Covid is in its retreat or a 2nd wave will come.
Then hopefully all companies can resume business and people will fill MLB stadium and GZIC can PR their contracts and my other shares will regain 50%. (I hope)
At the moment, its not wise for GZIC to release a PR, as nobody is concerned on positive news or would buy on release of PR. All eyes are focused on covid news. Companies with good track record or positive turnover/profit for 1st Quarter will not be cheered/entertained by investors untill covid is rest at peace.
July/August/sept is my expectation that most countries are at normal level again.
The timing to buy cheap shares is crucial before business is resuming.
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