RE:RE:Q1 : Nov 16 after close I wonder how many clues we'll get from the AGM a week earlier.
I think there will be stock for sale until the bonds reflect at least the same expected return as the shares. As long as the expected returns on the bonds are higher which any finance book will tell you should not be the case, the pressure will remain on the stock.
johnale wrote:
Looks like they wanted earlier in the week, and looks like they wanted to get away from the glut of financials 9/10/11 coming from sector.
I guess they will at least get all the attention that day, and draw some ears for the conference call on Tuesday morning.
Supreme is always late to move with sector rallies - will be interesting to see if buyers come in now ahead of financials - wonder how many more shares do these sellers have left.......