Here are the reviews of the stocks introduced before:
The stock rose by 5.46% on Friday and the price is now ¥579. The volume has increased significantly. Goldman Sachs increased their short position by 4th, selling 4.51% of all the issued shares in total. Deutsche Bank also added their position, meaning they’re now being short squeezed. Continue reading Reviews: Wacom, Heiwa Real Estate, Gecina, CNNC International
Wacom (TYO:6727), the Japanese exporter of graphics tablets introduced before, is now having the short selling of institutional investors. As of 30 May, Goldman Sachs has a short position corresponding to 4.04% of all the issued stocks, and Deutsche Bank has that of 1.31%, the total of which is 5.35%. Interestingly, after their short selling, Credit Suisse cut its price target from ¥800 to ¥460, with the stock price falling by 4.6% on the day, giving the rational investors a good opportunity to buy more. Continue reading How to short squeeze Goldman: How Wacom (TYO:6727) will overcome the short selling
Wacom Co., Ltd (TYO:6727)
Google Finance – Wacom Co., Ltd: TYO:6727 quotes & news
In the Japanese stock market, Japanese exporters have been depreciated due to the strengthened yen, but some of them are dumped too much. Especially Wacom, the graphics tablet maker that holds the 80% of the market share in their market, has been dumped to the price at which the stock was traded before Abenomics. Since then, however, the yen has been depreciated by 20%, and the company’s revenue has grown by 30%. This article explains why it’s a great buying opportunity, by mentioning the brilliant growth of the market of tablet computers, which affects the company’s revenue very much. Continue reading [Stock] Wacom (TYO:6727): A Japanese exporter depreciated to the level before Abenomics