Daytrading November 30 afternoon, page-12

  1. 34,353 Posts.
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    I think DSH would offer another good trade opportunity tomorrow.
    SGH, dropped to 89c, bounced above $1.30, dropped to 94c; lots would think that was absolutely bargain. But next day dropped to 59.5c ...

    DSH, is unlikely to make any profit after today's written down in inventory.
    Increased loan by $70m last year.
    Bad media press today and later, margin calls (55% on Comsec)
    Already bounced over 70% intraday...

    I think reward/risk ratio is not good at current price 33.5c.

    All IMO.
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