SNSN schreef op 4 februari 2014 17:38:
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Actually nothing was changed on mid-/long-term horizons.... The upper border of our systemic “mid-term” rising channel is currently at ~2.59. So, we are at the upper border. Of course, some parties need high volatility, and other parties that made (real) losses today may “think & try” to “repurchase lower”.... But, anyway our next target is ~3.0, with another pause at around ~2.82-2.84, and the fair value is ~4.0
At ~300 M shares traded for almost 3 weeks within the narrow range above ~2.70. Today ~60 M is a speculative move on “news” (however everybody knew that advantages of “new kpn” could not start working before 2014 - see last year writings). Anyway, stocks look much further than the q-results, although they may certainly impact prices on a very short horizon.
At less than ~20 M of “profitable shares” could be left (till today), the (today) volume ~30 M sold under ~ 2.58 (even with up to ~3-5 M shorts) indicated that still many people most likely did took losses voluntarily.....(some of them with stops probably not very voluntarily)