Thursday, February 16, 2017

DBS - 9% Drop in 4Q Earnings




Gave a bearish Whatsapp alert on DBS on Tuesday as the stock showed some kind of weakness. We shorted at the 18.45 level and today it hit a low of 18.13 with almost a 30 cent gain. Coincidentally, it announced a 9% drop in Q4 Earnings which contributed to more sellers selling this stock. Click and see my Whatsapp alert on Tuesday.

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Shorted total worth of 3 lots and in $1200+ profits now. The stock just met sellers and sellers. Looking to cover shorts soon. I will be sending more Whatsapp soon.

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Ronald K - Market Psychologist - A Stock Market Opportunist