RE:seriously?
fluid, not exactly a nickel but more like half a cent (lol). the big problem with stocks I have seen since this quarter and quite possibly sooner is that people have been shorting them really aggressively. Espial (esp) which is a solid stock got dumped from around $3.47 to around $2.30's and investors over there were not happy. there are numerous reasons for the dumping of stocks the most notable being tax loss sell offs, but all the drop in commodities coupled by the terror attacks as well as Chinese economy along with some companies being in the hot seat have not helped. Neither has Greece nor what now appears to be rate hike in the US on the horizon. This stock should not be sitting less than .07 right now. I don't care what people say but so be it if that is what the market is saying I will just keep adding when I have the chance. A lot of stocks are down anywhere from 50-80% it is really ugly right now. From what I have heard on business news 2016 isn't going to look that much better although it appears that the Canadian stocks are poised to outperform the US which I think have been ridiculously hot comparative to others around the world. Nevertheless, for Canadians as is always the case the US stocks are our success as we are economically closely tied to them. Let's say we are likely to see a continuance of ugly market conditions for at least the first half of the coming year is the feeling I am getting--if not longer. glta