Notable Price Action: Could SOFTBANK CORPORATION ORD (SFTBF) Go Down?

November 29, 2016 - By Ruchi Gupta

Notable Price Action: Could SOFTBANK CORPORATION ORD (SFTBF) Go Down?

The stock price of SOFTBANK CORPORATION ORD (OTCMKTS:SFTBF) recorded $-0.19 in recent trading, touching $59.65 and getting interest from avid investors. It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, SOFTBANK CORPORATION ORD’s stock was -18.00%. According to the short interest report published recently, (SFTBF) had 483,300 shorted shares for 100.7 days to cover. The prior short interest was 593,200 for a $-18.53 change. The 52-Week High and Low are noted here. -12.34% (High), 58.39%, (Low). The stock had 4,800 average volume.

Will Stock Price of SOFTBANK CORPORATION ORD (OTCMKTS:SFTBF) Getaway to Their Potential? Register to Our Newsletter Now!

When moving into land of penny stock trading, one must determine whether the risk-reward ratio is favorable. Penny stocks can be tremendously attractive. Hollywood often shows selling or trading stocks being easy and fun, with millions of dollars earned as profits. It’s important to identify that there is considerable risk involved when putting money in penny stocks. The risks list include market volatility, getting stuck with fake shell firms created for the only objective of the ‘pump and dump’. For those who are not aware with the term, pump and dump happens where brokers promote the equity until prices rise, then sell the stock, leaving novice investors to bear the loss.

Receive Latest Alerts on Stocks That Are Set to Make a Run by Registering in the Bar Below.

It is a common thing to get caught up in the excitement of penny stock email bulletins. Though the circulars are a helpful means to get ideas, wise investors still perform due diligence on interested stocks. Some penny stock circulars show a disclaimer at the bottom that states something like ‘We are not market advisors, we’ve got compensation and we may have this stock in our portfolio.’ Further study must be carried out to find out if a firm actually has businesses or is simply a home office.

Many a times, when a promotional plan is designed, there are big shareholders offloading shares they might have bought long ago, waiting for an opportunity to recoup their investments. It never indicates that these firms termed as ‘fake’ aren’t good options for short-term trading. If you have disposable money that you can put in use to make a quick trade, what a firm does is less significant than recording a win on a trade. In such a scenario, things like stock promotions are advantageous for shareholders as they throw more light on a dark or defunct firm.

Look at a promotion last year of Cynk Technology (CYNK), which surged all the way to $21.95 from low of 6 cents. The firm itself had very little to deliver as far as fundamentals or operations are concerned, and its shares price was purely led by trading activity.

Disclaimer: The information contained on this website and from any communication related to this website is for information purposes only. The material on this website does not constitute advice and you should not rely on any material in this website to make (or refrain from making) any decision or take (or refrain from making) any action.

More notable recent SoftBank Group Corp (OTCMKTS:SFTBF) news were published by: which released: “SoftBank and Saudi Arabia Team Up for $100 Billion Tech Fund” on October 13, 2016, also with their article: “Japan’s SoftBank plans to sell $7.9 billion in Alibaba stock to cut debt” published on May 31, 2016, published: “BRIEF-Softbank Group Corp’s Masayoshi Son would like to merge Sprint-T-Mob…” on August 17, 2016. More interesting news about SoftBank Group Corp (OTCMKTS:SFTBF) were released by: and their article: “Pokemon Go Deal Pushes Nintendo Co., Ltd, SoftBank Group Corp Stock Up” published on September 01, 2016 as well as‘s news article titled: “SoftBank Group Corp. Reports 27% Drop In Annual Profit As Sprint Losses Persist” with publication date: May 10, 2016.

SoftBank Group Corp., formerly SoftBank Corp., is a holding company. The company has a market cap of $64.87 billion. The Firm is engaged in various businesses in the information industry. It has a 30.99 P/E ratio. The Company’s divisions are Domestic Telecommunications, Sprint, Yahoo Japan and Distribution.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Tags: , ,

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News