RE:RE:RE:price drops but volume is dry comparing to average volumethe markets tank and SP goes to say 1.50 - I wouldnt care reason:
a) their business is doing good b) they have cash on hand c) order backlog is healthy d) good customers. I dont think the economy is bad as Trump has improved the business climate.
The market drop is just correction which is healthy in the long run. People were used to stocks going up every day and when the drop came all in one go - folks freaked out.
Interest rates can only go up as much as the economy can take it before the central banks step in- all around the world every person on earth is so levered that this can blow up if rates go beyond a certain level. Central banks wont allow that to happen. ( Japan is a good eg).
PHO is on sale.
GLTA