Archive for the 'Trader's Psychology' Category

Stocks Today

» Posted by Soo Weely  » Posted on 03|26|2008  » 0 Comments

SINGAPORE, March 26 - Olam International fell as much as 11.9 percent to S$2.00 with 3.4 million shares traded after a downgrade by Merrill Lynch triggered a selloff.
“The Merrill Lynch note not only downgraded the stock, but also gave a price target below its current trading price. Basically traders are just dumping Olam’s shares,” a [...]