weak, then in 2000, sina dropped from at least 35 to 1, is sina 坚不可摧 or 坚可摧?
For investment purpose, it is always a game of probability, it is not about 坚不可摧. 坚不可摧 is just a word you used at the beginning, I borrowed from you.
When crisis hits, WFC can just stay on sideline and do nothing, in that sense it is 坚不可摧, just like a lot of Chinese investors are trying now, hording their cash. But you can also try to grow, the best time to grow your power is when crisis is at its max, it is the time that we have a chance to reorder the world. In the end, a big bank has its responsibilities to help stable the society, a society is not just about money, at that level, politics has its big weight. so when government is asking C and WFC to take WB, you have to give it a thought, WFC took some risk, took WB in. is it 坚可摧 now? maybe, but I believe it will survive.
Looks like you only panic at things you can see/touch at the surface, China's big trouble is covered by its huge propaganda machine, so you can just forget about it. It is just like US before 2007. If you were shouting big trouble for US big banks before 2007, you are much more creditable.
according to your logic, a price drop from 30 to 16 means
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Boy, how typical. When you start losing, just keep switching top
-realtiger-
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02/03/2009 postreply
13:53:18
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who is losing? losing what? u r in your own
-longtermInvestor-
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02/04/2009 postreply
00:19:50