Originally Posted by
BlackPeter
OK - nobody can predict future share prices, and this includes me as well as you.
What we can see however is that the SP is now confirmed (more than 3 days) above the MA 100. Some investors use this as indicator. Market seems to think they are fine, but sure - as any other indicator this is not infallible.
As far as the negative factors are concerned ... at some stage are they just priced in, or do you expect that the price will go in a straight line through the $0 mark?
They do make money - over the last 10 years something like 33 cents p.a. per share average. Sure - this year it will be less (but I suppose still positive) and no reason to assume that in the years to come they won't go back to mean.
So - I guess, the question is - how low do you expect them to go - and why?