is RRL that long term then?!
Even if they do find oil in somalia the market will not value this company properly till its managed to make a regular profit, if ever
I'm sure it'd shoot up all the same but not 10x I dont think, it will take time and money
I think Cairn used to be a small oil company. They paid shell 7m for a rubbish indian oil field and made it good, their market cap now is 6.3bn
Barclays is ok at 300. Its bottom of its recent range, anyone who sold at 342 is fine to buy back but Im not especially optimistic on it or the market in general so Im not looking to load up.
322, 298, 281 and 254 would equate to various levels of sentiment. XLF is midway in its range
It was nice when iii did free regular investing, barclays would be a candidate for just a little bit in that case
http://news.bbc.co.uk/1/hi/business/2542445.stm
The market going through a topping action at the moment. Will it, wont it. USA broke up higher then ended up down on the day.
The dollar drops faster then the market rises so its not exactly health, either way its confusing