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Just heard from traders online.
On 4th July they push down China banks stocks sharply by releasing their downgrade report on ex dividend day for major China banks. ICBC fell 10% in one day because it went ex dividend and marketvpanic due to downgrade.
On the same day their traders put in buy orders to get in at the bottom.
It was a great trade for Goldman.
If you don't believe just watch these stocks go up in next few days
https://www.reuters.com/business/finance...023-07-05/
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(This post was last modified: 14-07-2023, 11:18 AM by
sgbuffett.)
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Here is why Goldman always win with its trading tactics
![[Image: 9RHzRU3.jpg]](https://i.imgur.com/9RHzRU3.jpg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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What are u trying to prove?
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Now then sgbutt know meh. This is common tactic used by banks all along. Just go contrary to their advice and you won't go wrong.
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(14-07-2023, 11:59 AM)Blasterlord2 Wrote: Now then sgbutt know meh. This is common tactic used by banks all along. Just go contrary to their advice and you won't go wrong.
I heard about it for long time but first time see it so blatant ...
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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There's only one way to make money in any market:
Buy low, sell high.
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Analysts team and buy sell team being independent is correct what...public also can buy or restricted?
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(14-07-2023, 11:03 AM)sgbuffett Wrote: Just heard from traders online.
On 4th July they push down China banks stocks sharply by releasing their downgrade report on ex dividend day for major China banks. ICBC fell 10% in one day because it went ex dividend and marketvpanic due to downgrade.
On the same day their traders put in buy orders to get in at the bottom.
It was a great trade for Goldman.
If you don't believe just watch these stocks go up in next few days
https://www.reuters.com/business/finance...023-07-05/
Buy low sell high.
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