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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (41808)3/17/2011 1:47:45 AM
From: Spekulatius1 Recommendation  Respond to of 78523
 
re Japan, when you just look at the multinational Japanese like Toyota, Kubota, Honda, or Sony, you have no idea what kind of carnage has occured to smaller and mid cap stocks in Japan.

I have seen declines in the order of 30-40% in many cases, on top of declining prices even before the index (dominated by the megacaps) showed it.

I have not seen anything like this, since Oct/November 2008. Even today, many of these stocks were oscillating by >5% today alone and today was calm compared to yesterday and the day before yesterday.



To: Jurgis Bekepuris who wrote (41808)3/17/2011 2:25:13 PM
From: ValueGuy  Read Replies (2) | Respond to of 78523
 
I like that term..."dead cat bounce"...question is, is it really dead, and if it is how far will it bounce? :) Though probably not as relevant for value investing...

By the way, didn't Enron and Parmalat receive unqualified audit opinions from top tier audit firms? :)
In the case of Parmalat, the auditors relied on faxed pages of bank statements, which turned out to be from fictitious bank accounts