SNSN schreef op 3 september 2013 11:56:
Do not forget that “fair value” for “new kpn” is ~4.0 (based on relative evaluations - see old writings for details).
Today volume is extremely light, day-traders are active trying to stipulate some volatility.... So, be very careful choosing your reading (from published “rubbish”).... also at this forum .... posted by some “easy irritated members (shorters)”. Their comments are easy to recognize, as they are often "concerned" of the “form”, but not of the “content” (you need to “irritate” them a bit to see their reactions and real “faces”).
Actually, it’s not the best time to “short” (strongly undervalued) “new kpn”, which is not correlated with aex (“beta” = 0.05), unless your trading horizon is really very short....(but anyway it’s not reasonable to short the fund opened above the PP line which was not broken down within the first hour)