RE:RE:CR Is Red While NatGas Up 5%Is it not the other way around too, if you have big losers you can sell, take losses and then sell the strong ones with profits to equal out.
Buy back the better stocks if you so wish to, or the weaker ones thinking they will come back.
Similar to oil and gas I do not think the tech's of this day and age will get the valuations they have in the last five years again.
There will have to be many new types of tech stocks that grease the wheels the next time around.
I cannot for the life of me understand those that invested with that Cripto exchange or any exchange without finding out about where the assets were held in trust.
If they are not held in trust by a regulated trust company then there is not trust.
Even Canadian Trust companies of years ago like Central Guaranty, and Royal went belly up and the banks picked up the pieces. However, every penny held on the trust side was accounted for. I know I was there.
There are huge sell orders presently on CR on any strength for probably 10 to 30 million, shares, we need more positive news to change the direction. I don't think the ordinary street and or mutual funds can or are willing to pick up the slack.
One positive is that the money going back into the the oil and gas industry in the US and Canada via employees, contractors, service companies, etc. eventually starts to come back to help out. People like to make money and when friends start to make money it can multiply.