TAH 1.01% 50.0¢ tabcorp holdings limited

IMHO the sell TAH was the trade 2day as traders overreacted to...

  1. 12,929 Posts.
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    IMHO the sell TAH was the trade 2day as traders overreacted to The Australian's Sarah Jane Tasker article on page 17 putting some weight, however misguided, on the ACCC submission to the ACT that seems to have risen the TAH SP and caused the TTS SP to fall, yes, right, so the ACT will accept the ACCC submission over the considered evidence and opinion of Deloitte Access Economics. TTS should not have fallen so much and TAH should not have increased so much IMHO but stupid is as stupid does.

    Even if that were to occur, would not TTS get an offer for a competitor to TAH? The market not only gets the takeover formula wrong from day to day but reacts like a baby to every news report IMHO. It is questionable how low TTS is and why TAH deserves its day to day movements however predictable they may be.

    Short term trading at its finest or worst depending on whether you benefit from it.
    Last edited by JCoure: 02/05/17
 
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