An Equity Trading (not investment) blog for beginners. The purpose of this blog is to provide a platform to discuss how to improve equity trading. Feel free to comment and chip in your input.
Wednesday, February 1, 2012
Maybulk
Maybulk price surged for the last one month was not consistence with the market fundamental. BDI, a key shipping rate measure use to determine the profitability of shipping companies has decline drastically since beginning of the 2012. Now, the market speculation is that Maybulk is embarking to some privatisation hence the price surge. Should the news is mere rumour,
1. how low will the price decline
2. if decline will price surge again?
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