Short Term Trading Week Starting: 24 Apr, page-13

  1. 5,742 Posts.
    lightbulb Created with Sketch. 183
    So just slap a big outperform rating on everything eh.

    Since playing in the mid to large cap sector the ability of broker upgrades/downgrades to move price has become really apparent..often moving price far beyond expected ranges. (Probably obvious to many)
    A good example was ABC. Had taken a short position high 1.80 and got squeezed out on a Maquarie upgrade with $1.95 price target (was hit that day) Quarterly was released a few days later and it's traded $160s ever since.
    Anyway might start sniffing around the spec end a bit more moving forward, with one eye on tax loss selling season.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.