This is not intended to be a negative question directed at Celsion in
any way. But I respect the judgement of my fellow members on this
posting Board. Today, a German member of the ECB walked away from the
ECB and Germany is taking actions to protect its banks. The Euro is
now at $1.36 versus the dollar. (Time for that holiday in Paris?)
Sometimes I fear that we operate in a bit of a vacuum on the Celsion
Board. How do Board members believe a Break-Up or drastic downsizing
of the EU or a disintegration of the Euro would effect our market or
I also played Rugby Union, it's a tough sport. I think you were quoting 'Chase'. I never met anyone from S.G. Warburg. Most of the investment bankers I know are in the Leeds area. Did you know anyone from Solomon Smith and Barneys in London?
IMO, this is not going to trigger a complete meltdown of the financial system. Union or no Union, so long as England, France and Germany can fund their banks, and there is no reason to believe they can not, then the financial system will stay intact and Celsion will do just fine.
The effect depends how far they unwind. Just let Greece slip away from the EU? Go back to pre euro currency? Go back to pre 1993 as independent countries? Go back to the Black Knight days?
However they deal with the "Europeon debt crisis" it will be felt over here, as it already has, and as we figure out how to get our own house in order. I'm no expert, but I've been saying to the Mrs for years that there will be no economic recovery for any oil importing nation until the price of a barrel of oil comes close to the average production cost of filling that barrel plus reasonable profit. It still has a long way to fall before the economy stabilizes, and will get worse if oil rises.
As far as Celsion goes I believe the clsn sp may benefit, even though the market will likely go down, due to the current low sp and its high potential.
we had ww1 then ww2
europe started great depression #1
europe starts great depression #2
consistently warned dudes
take your clsn profits
holdout get burned 100%
dow 10,000 coming
gold 2,000 coming
watch and learn
Not sure mojo I thunk it would affect it some of course, but who knows.
By the way stocks if u invested before the great depression and stuck it out for twenty years you made out pretty good.
History does repeat, it comes up, goes down, comes back up. No biggie
Is a down 300 DOW not significant? Particularly on a Thursday since
traders aren't going to hold through the weekend. I was hoping
for more of a response. A thoughtful response from many
others would have encouraged me. A response confined to your thoughful
words is appreciated but why isn't anyone else commenting. I believe
that when we look back at Stark's forced resignation it will be the
inflection point which marks the disintegration of the EU.