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I don't think it'll rebound tomorrow, but it will eventually (next week?). The fundamentals are all the same, the valuations just got too high. Right now its
by Mikeb85 11y ago
I don't think it'll rebound tomorrow, but it will eventually (next week?). The fundamentals are all the same, the valuations just got too high. Right now its just panic selling. Most of the stocks I'm following are still higher than I bought them for initially.
- curiousjorge 11y agowhat makes you believe this is a panic selling? not trying to put you on the spotlight, genuinely curious to hear all sides
- Mikeb85 11y agoJust the fact that nothing has changed fundamentally. The companies are more or less the same as a month ago.
- rrggrr 11y agoMust disagree. The companies asset values are in decline. Raw materials, machinery, real estate... All down. A bounce in bids cannot change the underlying reality.
- Mikeb85 11y agoA decrease in the cost of inputs is good for businesses. China will be fine.
- TheRubyist 11y agoaren't the cost of input the lowest in the world already in china ? Why they go down if so ?