mid Nov 1.15 mid dec 1.00 mid Jan 0.90 mid Feb 0.60 mid Mar ??? The only positive is that the volume is very low. Forced sellers from margin calls? Remember the recent company buyback was 0.925 for most of it, then 0.9 for most of the rest. Management was not expecting this from the market. The institutions that bought in are currently underwater;
News corp said online sales were excellent in 2nd qtr results, Google had slower but still reasonable 2nd qtr growth, this coy went backwards. Management might give a better explanation with release of financials later this month??!
DBS Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Held
