Where real men put their money
Responding to a Puls Biznesu questionnaire, stock market analysts have suggested buying Netia on speculation, PKN Orlen as a good long term bet and keeping well away from Stalexport.
The stock market has been falling for 18 months now. The WIG20 opened the year at 1,800 points, it is now touching 1,000 and could close the year at almost half its starting value. It has not been a good millennium for the bourse.
For those who are really brave and have money they are prepared to lose, Netia is a good choice. More than 36 percent of those questioned thought that the stock is so low that it could be good for making a quick killing. Netia has shed almost 95 percent of its value since opening on the stock market just over one year ago. The scale of the losses is so great that it cannot lose much more. Of course it may go bankrupt and all eyes are on its strategic investor Telia for hopes of extra financing.