sifus comments/advises seek on cscstel current pice movement where there is always a few bids sudden price hike at 4.50pm; 1) price manipulation???? 2) left to right pocket ??????? 3) ??????
news can be interpreted differently by difference people. I term it as "Boom doom strategy". To a gambler bad news is disaster but to fundamentalist is an opportunity. For me I'm waiting for opportunity. CSCsteel despite tremendous selling pressure, it still hold on to the price means upward trend still intact.
As I said early, 2 time bombs: 1. Much lower than expected profit margin due to increase in HRC price 2. Effective tax rate is extremely low in latest QR. It will kill bottom line in coming QR once effective tax rate back to normal.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
newb1995
65 posts
Posted by newb1995 > 2017-01-12 18:50 | Report Abuse
No more selling by company?