Is it too low that CS issued $29 to APX sp target?
By the result release, the sp was shooting up. Investors expected much better result.
On the reporting date, sp dropped $4.85, next date dropped $4. It closed at $34.65. $34.65-$29=$5.65.
It seems to me that sp would come under $29. Usually a market is overbought or oversold.
I am with the selling side and hold short position. Personally I expect sp come down under $29 within few weeks.
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18 | 173316 | 0.615 |
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