Hambi - 22 Dec'05 - 10:25 - 8420 of 8443
I do understand your point but the market does tend to over and under shoot news. The Tampa warning was irritating but certainly didn't justify the resultant trashing of the sp. Equally it could be argued -as you've done - that yesterdays news should more than recover that collapse, but it hasn't, quite, yet.
However the BN that you mention is but one of many possible news releases that we can hope to expect in the coming weeks and months, which will likely re-affirm yesterdays news and further boost the SP. I think the market is treating yesterdays news as the proverbial clean slate for BPRG; good products, good potential, good strategy, good management, now lets see it happen. Or maybe its me thinking that ;-)
Whatever, the net result of yesterday is that as an investor, original growing concerns over my investment has now switched to expectant impatience, which is a great Xmas present.
Vanilla