Why does this stocks price move so much on what seems no news. Is it trading?
I remember reading (maybe on here) an article where a broker said it just depends on the offshore funds orders for the day. On somedays a big fish wants to sell and others they want to buy.
Some old guy on the tele said this today .. not re FPH but seems relevant
If a stock you like goes up, it’s justified. If a stock you don’t like goes up, it’s gone too far too fast. That’s why fundamentals and valuation are always the dispassionate divining rod.
Pretty cool eh
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Reply With Quote
Originally Posted by Old mate
Bookmarks