TSXV:SLX.P - Post by User
Comment by
farshooteron Jan 04, 2011 12:03am
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Post# 17920534
RE: Dave Morgas on SLX Sept.18 (pre merger)
RE: Dave Morgas on SLX Sept.18 (pre merger)Stocks move on earnings when they are real companies. Big profits equal big gains in the stock market almost every time. Imagine that—amazingly simple!
It seems like a no brainer---earnings moving stocks, but the empirical evidence suggests otherwise.
The poor b-stard didn't even know that 10 per cent of the net was 10 per cent of nothing. ---Mario Puzo, The Last Don (from Victor's Niederhoffer's Practical Speculations, Chapter 2: "Earnings Propaganda")