with commodity mkts now into bear territory (official 21st) many are taking money off the table regardless.
until europe takes hold of the steering wheel and drives in a sensible direction we aint going nowhere matey and 40 means nowhere.
time not to panic but admit it's very crazy out there. i say do not chase a stock but there are times one has to wonder whether to make that gamble and be prepared to lose versus knowledge that value is staring one in the face. is there value ? will trf and ife actually get something positive and rewarding done one day or are we in fairyland just believing ?
no doubt trf and ife are not alone but until germany decides once and for all which direction the euro is going to take then 40's holding fire. latest vibes are germany may well consider leaving the sinking euro ship and going it alone (many pundits have forcast this over time). then it's up to the 'rats' to swim for their lives.
wot a mess 40 ? agree teddy. one hell of a big mess.
be good,
40.
TRF Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held
