RE:Not one post about why its down likelyIt's funny because even before the EU, the pound was always very strong so it's not as if they need to be in the EU to have a strong currency. Even if they were to exit (big if, check betting sites, chances are slim) I'm sure the currency would recover over a year... and then, how big of an impact will a 10% drop in the pound have on CXR's revenues? It would not be catastrophic.
StevieCohen wrote: Some Brexit survey by some company released some data that mid 40% of the people they talked to were in favour of leaving the Euro. Ie. Not good for banks and likey companies doing business in the UK...concordia. Of course people are going to sell, let them push it down so hopefully can buy mid 30s maybe, if they decide to leave they are moronic. Dont think theyll leave but will likely be close.