SNSN schreef op 8 december 2015 15:29:
[...]
The MT stock is highly undervalued, indeed, with some, but very little relation to underlying fundamentals...
One of the reasons is just almost "riskless" tech-spec (dominant) trading strategy - "
mt/st/d-short" - on diff time-horizons... (look at kpn posts 2012-2013 for "dominant strategies" details).
For instance, there were NO profitable spec shares under ~4.4, and to dive lower some parties had to take losses voluntarily. That is "st/d/mt-shorts" by "very active investors" (with potential "small losses"). While for others - it's just to get out (as soon as possible) taking "small losses" and trying to repurchase "lower"...., often doing it again and again...., collecting a (large) number of just "small losses", ... just being so afraid of (single) "large paper losses".
So, the game is still on, and you could still participate... Though, the downwards potentials are already restricted, and it may have sense to look at possible "turning points"....(doing so, don't forget your invest horizon)