CAB
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2.67% $2.19 cabcharge australia limited

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  1. noomxx
    1,416 Posts.
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    10/04/14
    11:41
    Post #: 13235878
    Lets look at how the market treated this:

    On the day of the announcement CAB only dropped around 5%.
    The following day the stock price rose, and today it is rising again.

    This means that the market is so apathetic towards CAB that it has already priced in significant bad news.

    "A stock that does not fall on bad news, does not want to fall".

    I am happy with my long position in CAB
    CAB Price at posting: $3.93 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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