Atlas Salt Inc V.SALT

retail

[wreckhouse]

Almost half of Canadians (47%) say they are now worse off financially compared to a year ago, according to an Angus Reid Institute poll.

You add in the WANT NOW GROUP , interst rates on LOC , the retail investor can have a profound impact on a stock going down . This is a rock and hard place to be for some . BCRNW

[twaver]

Does that mean the other half are better off?

[wreckhouse]

What it tells me is that the other half is living of the Tax Payers ( goverments teets ) and all are well compensated for inflation . BCRNW 

[wreckhouse]

“When you look at the losses in past cycles, the bulk of credit losses is not driven by the (mortgage) portfolio. It's driven by everything else: auto loans, unsecured lines of credit, credit cards, commercial lending,” he says.  Everyone was going to be rich ! In this enviroment small names get rich fast can cause pain . Keep your head high ,do your DD , and don't sell yourself short