JSR (4185) is trading wider than people expected as an arbitrage situation. That is FUD and Flows. FUD will lead people to misinterpret Flows, which are large enough to matter.
Boomeranged on Fri, 25 Aug 2023 10:23
Why is JSR trading wide? FUD and Flows. Since the deal was announced, TOPIX is up, and this stock is down from post the first day of trading. Not a great place to hide. Since I wrote this, TOPIX is up 2%, JSR down another 1%. Still not a great place to hide. So LOs, unless really bearish, may want out. But it's a big deal, no news, Intel/Tower deal off so further FUD. That looks set to continue.
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