GREY:WFREF - Post by User
Comment by
JohnJBondon Dec 08, 2014 3:56pm
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Post# 23207667
RE:RE:RE:RE:RE:RE:RE:RE:The Absolute Lack of Fundamental Legs
RE:RE:RE:RE:RE:RE:RE:RE:The Absolute Lack of Fundamental LegsBabies are getting tossed out with the bath water.
Those who might be concerned include.
1. Those with concentrated Oil and Gas portfolios who use margin. Many of those types are probably having to respond to margin calls and have to decide what within their portfolio to sell. Its a bad place to be. It repeats over and over as the price falls.
2. Those mutual fund managers who have restrictions on investment choices set by market price per share. For example, any fund manager that is prohibited from holding shares which trade under $3 or $2 etc, who have had not choice other than to dump their LRE holdings once those thresholds were crossed.
As has been stated elsewhere - its a perfect storm. Storms are nasty, but they dont last long. The bigger the storm, the harder it is to maintain.
ps, anyone who feels the need to say ...........I told you so........is probably not very promenent among his peer group.