TSX:IBG.DB.E - Post by User
Post by
caillenon Nov 25, 2014 12:07pm
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Post# 23161855
Sub $1.60? Probably not but sub $2.00 is definite.
Sub $1.60? Probably not but sub $2.00 is definite.Correction has only begun when you look at the charts. Fundamentals are just not there. Negative equity so no fund will buy it because any fund manager would be shot for doing so. I still say $1.60 based on financials (not hope) and charts. $1.60? Maybe I am pushing it since support sits at $1.75. However, financial fundamentals still point to $1.60 and stochastic correction has only begun and has a long way to go before bottoming out. Interesting.