Today's price action is clearly a result of the Macca note. As much as we disagree with its content, Macca Research has a huge reader base and is generally well-respected. But... they, like all other sell side analysts, have been wrong before and time will tell whether they are wrong on this.
Anyway, just another day in the office. Price goes up, price goes down That's why being emotionally attached to investments (esp share price movements) is just a recipe for disaster. What is far more important is actual business developments, even better if they are positive ones because they will impact the underlying equity value of the company.
618
STX Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
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That's why being emotionally attached to investments (esp share price movements) is just a recipe for disaster. What is far more important is actual business developments, even better if they are positive ones because they will impact the underlying equity value of the company.
(20min delay)