A good idea to find short sells opportunities is to follow the professional, like Muddy Waters that has called upon many Chinese companies that have inflated their figures. Maybe, that is why I think value investing is not for me since one can only rely on audited statements and annual reports to study the financial health of the company. Yet, we know these books are cooked and we lacked the expertise to discover the discrepancy.
So, enter the professionals and they are sure to make known their trade opportunities to the media. Follow the trails and study the charts yourself and not blindly just follow to assess if your entry warrants a decent reward compared to the risks.
So, enter the professionals and they are sure to make known their trade opportunities to the media. Follow the trails and study the charts yourself and not blindly just follow to assess if your entry warrants a decent reward compared to the risks.
Comment:
It has come down after a fairly strong correction from 26 back to 42.It is now closed below 26 and is expected to head lower.
Could Andrew be right ?