What amazes me is the difference in sentiment with MOY as apposed to BLK when AISC blows out. Management of MOY forecasted $1,500 for June Quarter and now confirmed it was over $2,100. Ouch!!!! Yet we do not see SP retreat like BLK and market cap is still over $150million. BLK has been played well and will continue to be played well when sentiment is like this. I prefer to ignore the noise and check the depth of sales and look for the strong buying as a signal. I'd be interested to see what happens to top 20 holders come financial reporting.
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- Ann: Quarterly Activities & Cashflow Report June'18
Ann: Quarterly Activities & Cashflow Report June'18, page-125
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