You 350 limit orderers are gonna hate yourselves!
Actually, from the chart, it appears that the low today was 37,100 Yen, or $352.40, according to the Bloomberg currency calculator.
Softbank climbing back up from that now. Was 39,300 last time I looked. Actually, now 39,500, getting close to it's panic stop of 40,100 gap down of yesterday.
Interesting, that Softbank has two "guaranteed" 10% gaps up in the near future: (1) If a Z-D sale is in fact consummated, and (2) if the Nikkei-225 reshuffle, supposedly "at the end of the month?" winds up including Softbank.
I like the way this stock rebounds from adversity. Actually, there was not much adversity: 40-->46 up on ZD sale rumors, 46-->40 down when rumors proved to be false.
Meanwhile, as noted, the Buy.com deal was announced. That alone should be good for a pop that has not yet been reflected in the stock price.
Jonas |
