Arasor will definitely have a speeding ticket before the open tomorrow. All they will do is re affirm previous announcements.
It has definitely been oversold. If the quarterly matches the prospective forecasts of Cao then it could really motor towards $2. All will be forgiven on missing the previous forecasts by such a wide margin.
Tomorrow might see a bit of profit taking after the speeding ticket which is the normal short term thinking way of things, however, it could bounce hard after that !
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Shanthar Pathmanathan, MD
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