stock will be down atleast 10%
Is the bad result news already factored in the price of the stock price of IBN in US?If not, then this is a great opportunity to short this one. Sam
I think it is all factored. This is not at 52 week high.Hope that US Market and India market is about to turn slightly bullish after long bear byte. Hope that this is a bear cub market.Congress passed a massive Housing Bill 300 billion+ this weekend. In 2009, housing will slightly improve.Hope all the shorts will cover on weakness (if there is) and bulls will buy tomorrow..