Not exact matches
«We'll never get back to 1998, which was this absolute
nadir in real commodity
prices,» he says.
But after a lousy year that saw the commodity's
price get slashed nearly in half, many experts believe that the sector has finally hit its
nadir.
During the
nadir recent crisis (2001 — 2003),
prices reached record low levels (Kona at 49 US cents / lb according to the ICO indicator
price, April 2001) and left many Kona producers in very difficult conditions.
This merrily continued, with the share
price reaching a
nadir of EUR 3.25 in Aug - 11 — amounting to almost a cumulative EUR 1.2 billion loss in market cap — actually in excess of the lawsuit total!?
More interesting perhaps, is that the share
price has followed a pattern of alternating lower lows and lower highs every two or three years; the share
price rose after 2003 to a high of $ 35 only to fall back to the $ 14 range in 2006, then made another high in 2007 close to $ 35 before falling again to $ 6.70 during the 1st quarter of 2009, the equity
nadir of the financial crisis, before once again rising to $ 24 last year.
At the
nadir of our performance, a typical comment from our clients after hearing our case was something along the lines of «I hear what you guys are saying, and I agree: These
prices seem crazy.
Funnily enough, November also marked the recent
nadir in the share
price, which has since bounced by 40 %!
10) Home
prices continue to fall, and estimates to the
nadir (cycle low) range between 0 - 50 %, with 10 - 20 % being the most common.
If we are talking traders, it would be this: start out each morning looking at the disasters of the day, and then wait for volume to climax, and
price to
nadir.
Bitcoin
price reached its local
nadir, oscillating around $ 150.