ALL 0.34% $67.64 aristocrat leisure limited

ARISTOCRAT SEEMS TO BE A STOCK THAT HAS BEEN SHORTED BIG TIME....

  1. 829 Posts.
    ARISTOCRAT SEEMS TO BE A STOCK THAT HAS BEEN SHORTED BIG TIME. RIGHTLY SO. TUFF MARKET CONDITIONS, PROFIT DOWNGRADES, US CURRENCY, LAW SUIT.


    NOT MUCH GOING FOR IT AT THE MOMENT. SO ALL NEWS HAS BEEN NEGATIVE.

    HAS IT WARRANTED A 50% FALL IN VALUE FROM ALL TIME HIGHS.

    YET TO BE SEEN. I AM THINKING ITS SLIGHTLY OVERSOLD. AND IT WILL COME BACK TO AROUND THE $8.00 MARK. $7.14 SEEMS A LITTLE BIT ON THE CHEAP SIDE CONSIDERING THE YIELD AND THE SHARE BUY BACK GOING ON. CHART WISE COULD GO TO $5.00
 
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