Gavekal Capital: Sony Takes a Nosedive

Friday, November 1, 2013

Sony Takes a Nosedive

Yesterday we highlighted that Sony had disappointed investors with weak earnings and lowered guidance. Today the stock is down 11.7% and the chart looks about as ugly as they get. Below we show the absolute price point & figure chart in USD. At least five more zeros will be added to the current column of zeros after today's price action gets registered.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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