GREY:CUDBF - Post by User
Comment by
cavedudeon Jan 09, 2012 1:41pm
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Post# 19382773
RE: Why the decline since July?
RE: Why the decline since July? Global economics was the unfortunate culprit in this stocks and many other stocks drop in SP to the point of being over sold and undervalued. The US economy has been outshinning the European economy with good housing and employment stats. Europe continues to be a thorn in the global economy's side, however, Germany and France are working hard to clean things up. Italy has put in accpeted auserity measures into play however their bond rate is stil close to the danger line, however they are all collectively trying to get their house in order. First week of Jan has seen a lot of stocks rise up an average of 20%. If the fear mongering reporters can keep Europe away from the forefront, investors should keep the faith and continue to buy in which will continue to boost our sp. The drop in sp has nothing to do with the companies fundamentals. Read Alphaflight's post (i believe it was a couple of days ago). The stock fundamentals were described brilliantly.