Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Comment by WINDGOD46on Mar 19, 2019 7:34pm
188 Views
Post# 29508271

RE:RE:Back to April 2018

RE:RE:Back to April 2018Unless you are in contact with a broker, it's hard to pinpoint one reason for the sell off. I will give you a number of reasons  but you take them with a grain of salt. 1) some traders and hedge funds follow the rule " buy on rumour and sell on News". With the News Release a lot of these guys sold the news.and still selling. 2) With the market recovering, funds move out of defensive sectors like utilities and health care and either into energy, technology, materials etc. 3)possible collusion of the company wth a Short Trader to keep shorting the stock untl the company fllls its mandate to buy back the stock cheaply, up to 10 % of it as per TSX permission.4) due to lack of interest by the big funds, short sellers find it easy to jerk this stock around with impunity hoping they shake the weak hand and sell their stock along with them.5) due to the drop below $4 some funds have a policy not to own stocks below that price and so they get rid of the stock. And that has a snowbowling effect and the selling goes on.6) some funds find this stock too risky due to uncertainty of health care policies in the US so they sell and go elsewhere GL
<< Previous
Bullboard Posts
Next >>