re: breakout- every time smorgon sneezes hinkle52,
True, but the OST surge also helped the SSX to move to record levels in a short time period.
I agree with the previous post that high PE ratio and comparatively high borrowing has dampened the enthusiasm of the shareholders.
what really bothers me about SSX is that the market is directly and overwhelmingly reactive to what happens in Smorgon family.
my short-term perspective about this stock is that it probably goes to around 90 cents before it gradually goes up to $1.45 may be in six to 12 months.
I will wait to buy around 86 cents but that's me.
I might be too hopeful who knows!!!!
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re: breakout- every time smorgon sneezes hinkle52,True, but the...
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