Wednesday 19 January 2011

Shorting Nile

Again this overvalued company has hit $62.80. Sales of $300m, profit of $20m, market cap of $900m numbers dont make sense.

If your short, you may be able to help bring this share price down. How ? Type "Diamond on line" into a search engine and click on their sponsored link !

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About Me

I try and work a broadly market neutral strategy and based purely on fundamentals and my gut feel.