Is there something about SKO that we should be aware of ?. Weakening S P now for a month after a very good AGM and investment presentation ? Whatsup ?
Old investment rule ... never buy after the announcement of good news ;
Maybe it is just that ...
but obviously - it could be as well that market is reducing the bonus it is prepared to pay for future growth and a good story ... I guess nobody would pay more than $4 for Serko just based on its fundamentals - wouldn't they?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Old investment rule ... never buy after the announcement of good news ;
Crikey, just as well I've never heard of that rule before.... about the only time I do load up is immediately after good news and it's done me proud!! lol. Each to their own.
Crikey, just as well I've never heard of that rule before.... about the only time I do load up is immediately after good news and it's done me proud!! lol. Each to their own.
You get better bargains after the release of bad news ... but obviously only if you are quite certain that they are the last bad news for a while ....
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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