Well Technically ddnt the stock just close that huge gap out of the way? Selloff was an overreaction in volatile times ppl are scared due to the high Volatility; Fundamentally speaking, it cldve been a much much Worse announcement re revenues/profit/oneoffs/changed outlook. What we got was a change in CEO so id take that over all the others. It represents a Buy opp Unless we don't know something deeper; What we DO know is that its more a management issue , rather than a Operations/revenues/profit/outlook change; AS has been said, all these Corporates have their management shakeups/changes/politicking etc...I think the whole selloff here was way Overdone thus. I just don't know WHY theyd report this on such a Volatile week? At least the 'gap' on the chart has been well closed off totally...
- Forums
- ASX - By Stock
- GXL
- GXL taking a big hit Down over 11%
GXL taking a big hit Down over 11%, page-45
-
- There are more pages in this discussion • 118 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)