Yet another bad report for Noble Group with a $1.67 billion dollar lost. It seemed as though the bad news for Noble was non stop and waves of hit had been slamming hard at the company. Has the price already factored in into the losses? I believe so but in the meanwhile, I don't see Noble turning up anytime soon. There needs to be more significant buying from serious buyers before this stock can lift off again. Do note that Noble won't be the Noble we used to see again. If you have Noble stocks and want me to take a look, I will only do so on next Tuesday's seminar.
http://www.businesstimes.com.sg/companies-markets/noble-plunges-to-us167b-loss#xtor=CS1-3
Seminar Date: 1st March 2016,Time: 7:00pm to 9:00pm
picture source: business times
Ronald K - Market Psychologist - A Stock Market Opportunist