Post by
marketsense on Nov 09, 2015 12:14pm
Reserve Judgement
It's still early, even though initial trading is disappointing. Hard to understand people dumping
after game changing deal is closed, but not entirely unexpected. I could understand it better
if EUO opened higher but this is a bit ridiculous. Selling below intrinsic value just doesn't
make any sense but that's the mentality of the Venture Exchange. The kneee jerk reaction of
sellers never ceases to amaze me. It is almost like nothing signicant has happened so just
keep on selling no matter what. Once the dust settles, I expect a better market to develope.
Comment by
SweetTiming on Nov 09, 2015 12:43pm
This is why making money in the venture the past 2years has been so difficult.. momentom has lagged beyond reason... this too shall pass...
Comment by
kmilne on Nov 09, 2015 12:58pm
Part of the problem no doubt, is a general selling off of all the indices today.
Comment by
tomislav on Nov 09, 2015 4:25pm
Absolutely! This broad based sell off is due to Friday's job report - December rate hike by the Fed is all but guaranteed. EVERYBODY is running to bonds ... so small caps get hit first, and hard ...