Post by
stocksnbonds on Aug 22, 2017 10:11pm
Trading today
Today's trading was 3 times the daily average. That's alot. Looks like mostly retail and a few institutions. The next week should show what the analysts think. Let's see if they are as bullish still. Even they'd tempered their forecasts in the past. They are looking down right wrong at this point.
The trading this week will also be important. Institutions which were on the fence will bail. Others seeing value will scoop in as they did today at the day lows.
Davey needs to do something. Communication needs to be better and a tad more transparency with the financial community on the cost side needs to take place. We can predict revenues fairly well. Not the costs.
sb