Instead they have published how much the shares have dropped in prices over the quarters. That means instead of saying that a particular blue chip share goes at a PE ratio of 45 they're saying the share price has dropped by 50% since 6 months so it will go up to that original value soon, so you people should buy these undervalued shares.
This is really dangerous. I remember. First times when I bought the shares. I did not know about the fundamentals. I bought famous blue chip shares thinking I will keep them for few years. Fortunately I sold them at a loss when I learned about some fundamentals.
I hope Capital Trust won't drop the fundamentals and inform the investors something like that Seylan bank transaction saying it was just a mistake and selected the wrong share when putting the gigantic order.
Last edited by insidertrader on Wed Jun 22, 2011 7:25 pm; edited 1 time in total