The stock has not traded in technically oversold territory since the Thanksgiving holiday in late November, and has a short-term, negativeedge of less than half a percent.
"One of his great advantages is that he's a likable person, but he's getting close to the edge of wading into negative territory himself, " Mr. Cunningham said.
On Oct. 28 Moody's rating service tweaked the outlook to negative from stable on the A3 long-term issuer rating of Nomura Holdings because the Lehman purchase will edge up operating expenses.
Moody's (nyse: MCO - news - people ) rating service tweaked the outlook to negative from stable on the A3 long-term issuer rating of Nomura Holdings because the Lehman purchase will edge up operating expenses.