Tuesday, November 07, 2017 1:48:49 PM
It seems far too many traders are doing this all year, which is why i finally acted on the adage "if you can't beat 'em, join 'em." It seems a number of traders are also shorting SINO off its tops for added gains, something i refuse to do (almost as a "principle," the idea of shorting an undervalued stock repels me).
Anyway, that's why we're getting this whipsaw action all year.
I still hope for longs that there will be a more sustained move up for shipping sector this Nov-Dec., and hopefully SINO will go up at least 80%-150%. It deserves to do so on that 0.41 EPS for FY2017!
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