Post by
Chad123 on May 12, 2022 9:49am
Nothing like it
Keeping up with par, CPG posts a good Q when either oil is down or markets drop like a stone.
Comment by
Moemoney42 on May 12, 2022 9:57am
Yup this market malaise is bigger than any one sector's fundamentals.. once the shorters and hedge funds are done, we could see a rip higher.. the trigger is when China officially ends their lockdowns IMO.. until then the shorters and hedge funds are running the show.. :-/
Comment by
Lash99 on May 12, 2022 10:09am
Totally agree Moe. Our guys hit it out of the park imho. This current market also benefits us re the repurchase of cheap shares as CPG can buy back at cheaper numbers or we can add to our portfolios. Good job CPG glta
Comment by
Moemoney42 on May 12, 2022 10:33am
Gonna make another prediction that we close green today.. ;-)
Comment by
shakka on May 12, 2022 10:13am
China lockdowns will end early June. That is what the folks on CNBC were saying this AM.
Comment by
Moemoney42 on May 12, 2022 10:35am
I tend to agree with that call.. China can't fundamentally function much longer with these shut downs.. it will hurt their economy too much..
Comment by
Dogsbreakfast4U on May 12, 2022 10:41am
It does hurt their economy in one way but helping it in other ways. Commodities especially metals like copper have been plunging since the start of those fake "Covid" lockdowns. They are/will be hording those commodities. Once that is done they will open up again.
Comment by
Moemoney42 on May 12, 2022 10:47am
Yes that's true.. I'm sure that's being done..?
Comment by
Chad123 on May 12, 2022 12:06pm
XI does not care! Nor do I think he is locking down due to Covid.....