27-11-2014, 10:05 PM
(27-11-2014, 09:04 PM)Bibi Wrote:(27-11-2014, 09:00 PM)CityFarmer Wrote: According to the data provided by ShareInvestor and Ipreo, a leading provider of market intelligence, investor data and workflow solutions.Interesting. So i guess once a stock became the top sells by mutual funds, the selling pressure will be gone and the only way for the stock price is up. Its last quarter result also not very good but it manage to maintain its share price at 1.05 after result announcement.
Super Group Ltd topped the net sells based on its volume of S$36.2 million by GLOBAL mutual funds.
(not vested)
That's what you called a technical rebound. It can continue to rebound but it will get sold down again if earnings continue to disappoint.