G'day ava,
How are you?
Sell off ? Not today mate...but It will come...easy and fast...
.... there are more contracts accumulating than ever now.....
Look, mums and dads will never learn.... look at DMP, QBE, WPL lately...... and look SGP.... you can put as much spin on your profits... what matters is the year ahead.. simple.
The year ahead for SGP is very dark.... and we don't even need the Australian Housing Bubble to pop to get the SP to re-test $4.03's and much lower.....
As many fins have been talking and acting lately...eg JP Morgan , Berkshire Hathaway, etc..... they are taking it off the table.... you know what's coming..... but, mums and dads will be holding to the end of times... and the same old story repeats recession after recession.... incredible !
Friday should be quite interesting day..... and on technicals ? if it did close yesterday at $4.30's or -1.83%, I would have posted the chart.... with a engulfing long black candle.... but... it did not happened.
I see plenty of PUTS and Sell CALLS accumulating... .and OS fins are in it too.... they made $$$$ when the US experienced similar economic downturn and they will be here to profit as any other smart money fin or investor and trader....
My $4.03's thought on it....
cheers
T10
Shorting the Housing Bubble in Australia, page-143
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Last
$5.15 |
Change
0.000(0.00%) |
Mkt cap ! $12.74B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.21 | $5.12 | $37.27M | 7.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 311570 | $5.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.16 | 16163 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SGP (ASX) Chart |
