TZL 4.76% 10.0¢ tz limited

gs economy

  1. YR
    667 Posts.
    I obtained a copy of a document from Goldman Sachs that was presented to the board of the company I work for. It indicated that Quarters 1-3 we will see little growth with a slow increase in Q4 leading to further growth in 2009 but below trendline of past 4 years (about 3.9% compared to 4%+)

    It indicated that the US is in or entering a "mild" recession which will last 6-9 months.

    I have waited 4 years for the Nasdaq listing so I can wait another 10 odd months. The longer they delay the listing, the more time the US market has to recover.

    Given Q4 will show some signs of improvement but 2009 will be better, could they hold off listing until 2009? OR, will they list this year knowing that once market sentiment improves, the SP will naturally correct itself?
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