SNE has to climb ANOTHER 4% overnight in Japan JUST to get to where SNE is trading now in the U.S.. After a 5% move last night, SNE's fair value in the U.S. was $11.50 this morning.
SNE should gap down 3% or 4% tomorrow as it is well ahead of Japan at the moment.
This always happens whenever the U.S. market gets ahead of Japan.
Sentiment: Strong Sell
You should know SNE went up additional 0.40 after SNE CEO spoken saying Sony on track for comeback. This news hasn't hit Japan yet until when they open Friday.
due to the green market in the us today, and the yen hitting 90, you should expect the nikkie to go up, and sony as well. just like our resistant is 12 price point, their is 1000, and they will break it today, so expect another rally today at tokyo!
Sentiment: Strong Buy
sorry my mistake they already broke 1000. expect it go to to 1050 today.
who gives about overnight movements, think longterm...
Wow! Jonathan being toast again.. LOL.