26 Feb '17, 1pm

NOBLE GROUP STOCK: Noble Group stock closed 16.7% down on 24 Feb 2017, closing the day at $0.225 after IceBerg…

Noble Group stock closed 16.7% down on 24 Feb 2017, closing the day at $0.225 after IceBerg Research issued a report on the same day called “Noble Group: How Many Times Can You Fool the Same People?”. I have read the report and it is once again a report full of questions over Noble Group’s valuation of its assets; this time packaged in another way and issued at a time when Noble Group stock had a rally after report of a stake by Sinochem. What we noted from Noble Group stock was that the price support of the stock or some said the psychological support of the stock was at $0.20. Whether or not investors will be influenced by Iceberg Research to sell Noble Group further below $0.20 level remains to be seen. However, I do not think it is good to wise in this …

Full article: http://thefinance.sg/2017/02/26/noble-group-stock/

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