not a good stock to short
this is not a good stock to short. he is a big man and can twist arms to keep the stock up.
it seems that shorters have easier targets
1)NCP..with March qtr earnings converted at 54 cents and the aussie dollar now at 66 cents there is going to have to be massive creative accounting to avoild a 20% earnings fall in $A terms
2) ANZ with price certain to drop on NBNZ takeover and rights issue this is the prime candidate at the moment
3) QAN. overweight with middle management means it will be unable to cut costs. middle management know how to hang on to their jobs,that's for sure.
4) AMP..even ML has a target of $4
PBL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
