SNSN schreef op 20 juni 2013 15:27:
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Hi Levy,
Sure, you certainly have right to be "negative" on kpn... and be "normal" at the same time - it's OK. But then go short - that's it, but you are "neutral" now, as you say.....
So, something is NOT consistent in you position!
Moreover, you are NOT only "negative" - you actually give mesleading (fake) advice... Exactly as Nomura. You do not need to be an "analyst" to give "advice" 1.1 after rights issue... You only need to read T&C, graduate from secondary school and you will see that 1.1 - it is a "rounding" of 1.06 - the price from which actual "paper bonuses" are counted...
So, Nomura's "analysts" probably had a good stady at secondary schools... - they didn't need more to give that "advice".