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/biz/ - Business & Finance

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>> No.68686 [View]
File: 136 KB, 400x301, dan-loeb.jpg.png [View same] [iqdb] [saucenao] [google]
68686

>>68204

Daniel Loeb happened. First letter in May post FY Fueled spin off speculation on electronics. Second in July peaked the price. It floated down off OK results in July then crashed on a big loss in October.

Investors speculated and got bitten hard on Sony. Hence why it's so bearish since last October and is still finding it hard even with the PC sell off. PS4 numbers popped a $1.50 in November out of the slump. Today was muted despite the PS4 target hit before march, now that the division is known to be marginal and Third Point have reduced their stake.

>> No.29423 [View]
File: 136 KB, 400x301, dan-loeb.png [View same] [iqdb] [saucenao] [google]
29423

Mainly for the lulz of the business community eating it's own. Seems to have gone into hiding lately though.

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