Market again collapsed last evening. There seemed to be no ending to this coronavirus infection as many more stocks tumbled and crashed big time. Some companies went out of business while others suffered a big blow. One of them was Genting SP since it's in the gaming sector and the stock had tumbled 40% since it's high at 0.90 two months ago. The selling was serious and the sell down was panic with many investors giving up hope. Genting SP looks like it's going to take a long time for recovery and it might even not recover since this is a slow counter and lacked of catalyst. The Dow Jones collapsed another -1338 last evening and it's only going to get worse before getting better.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
