Sony making a turnaround - aiming at $4.20bn profit by end of FY 2017

[Ssliasil]

ony so

Lawlight said:

Ssliasil said:

Well i was certainly wrong about the  few days thing, that plummet happened way faster than I expected as everyone sold their shares in last nights After Market shifting (Sony stock dropped about $1.50 in after hours) and then re-bought early today at a much lower price.

In fact the same thing happened tonight as well...though it only dropped $0.55 in tonights after market. 

Everything i said WOULD happen, did happen...just on a faster than expected time table.  

Did you forget to mention that it still went up $0.87 from yesterday?

Dude, you're missing the full picture here.  I said that current investors (well investors of two days ago now) would temporatily sell their shares, so they could BUY THEM AGAIN at a lower price than they sold them for...this would allow them to maximize profits before the coming BOOM in the Sony Stocks and rush to buy them. 

Which DID happen, just on a very different time table than I expected.  Stock prices went WAY down in the Pre and After Hour markets BECAUSE smart investors were selling Sony Stock....this LOWERED the pre-market SNE stock by $1.50 the first day.  They then BOUGHT their shares back EARLY at a LOWER price than they sold them for when the market officially opened allowing them to make a good chunk of profit initially.  The stocks on the first day went from NEGATIVE $1.50 day-over-day...to POSITIVE $1.40ish day over day in the same day. (I forget the exact amount)

I thought this process would happen over a two or three day period where the stocks would drop quite a bit over two days then explode upward on the third...but it happened all in one day...I was wrong with the Time Frame, right in the over all.