Incitec Pivot Ltd T.IPL

Another extreme raction...not justified imo.

[mmodano]

Hi all. I am not going to tell you how many shares I sold this Monday because I wouldn't credible. But let's just say that I was expecting okay results and they were much better than I thought. I too was expecting a positive swing this morning and regretted my decision but the opposite happened. I bought the same number of shares that I sold on Monday, a few moments ago.

I tried again to time the market/news and was expecting a pretty strong reaction following the results. I was right... except for the fact that I was forecasting an increase in share price if results were that good. I can time the maket with certainty every time I can time the market with certainty. Meaning approximately 50% of the time...

Such a drop with these good results plus a slight increase in dividend tells you that the market will punish a company for pretty much any reason right now.