WTC and SYD
Experts have their expectations but the figures are only for short term investment. If the figures are below what they expect, the share price is punished.
I can't find details anywhere regarding those 'expectations' but today, I topped up on WTC (after its plunge) which fell even further. I took a nap so I didn't manage to get some in SYD.
Both produced decent figures with future prospects looking good. Yet, both were severely punished.
posted by Club Mulgoa @ 9:16 PM
2 Comments:
The next business day, SYD dropped further... so I topped up a small parcel!
When the figures are persistently good, SYD share price had been stuck at a range without any evidence of consideration to their announcements of steady increase in passengers going through the airport.
However, project that over a longer period, and only last month, it is starting to rise. Today's rise like any others will usually taper off again. For extraordinary reasons, investors' memory is very short-lived.
Post a Comment
<< Home