Post by
ibsn4512 on May 28, 2021 9:09am
Q1 Financial Release
It strikes me as unfair & irresponsible to release the Q1 financials that would disadvantage the Germain market due to time differential as well as the US market is closed on Monday. There is no good reason to ride the release to the 11th hour of the deadline of 60 days after month end. It's Time for Marshall to have a sensitivity session with this accounting firm and fire them if remedial behavior is not possible. He should also commit to shareholders in advance of the date & time of financial statement release IMO !!!
Comment by
MoreUpThanDown on May 28, 2021 9:24am
I believe you will see both occur in the future, as Marshall touched on both of your last 2 point in a Discord talk... All IMO. DYODD.
Comment by
themason on May 28, 2021 9:29am
Agreed, there is no need to release earnings at the 12th hour, this is becoming there MO
Comment by
swyint123888 on May 28, 2021 9:35am
Actually if the report comes out after the close the German market gets first crack at it, US market means nothing to us right now. Most all companies take it to the 11th hour nothing new here, Marshall will NEVER tell us when the release is coming EVER
Comment by
swyint123888 on May 28, 2021 10:26am
after market close is the same as monday or anytime over the weekend actually so it doesn't matter either way Germany gets first crack then North America joins in later what does it matter if it gets stuck in the weekend.....makes no difference to me or the market because it's all the same as a Monday release
Comment by
swyint123888 on May 28, 2021 10:39am
I think the company can at least give us something to read over the weekend.....why do you want to wait until Monday to see....I would love to look it over tonight and re-read over the next couple days
Comment by
TorlifTostorson on May 28, 2021 10:44am
That's a reason by the way why I wouldn't release the numbers today, as will have for sure negative sentiment before significant sp increase. If you want to study numbers, you could check Q1 2020 numbers on sedar. Then you could compare it perfectly with q1 2021 on Monday. Great luck to you and alll longs Best Torlif
Comment by
swyint123888 on May 28, 2021 10:48am
You think if the numbers drop today after the close it's going to create negative sentiment??? that is completely illogical to say the very least unless the numbers are crappy then it makes perfect sence but they are going to be good so what you say doesn't make sense
Comment by
MoreUpThanDown on May 28, 2021 11:08am
Folks, we are all going to have our own opinions... let's not get caught up in that... there are pros and cons to every possibility... in the end it won't matter what I think is best or anyone else here, it'll happen the way it happens... no need to try to prove to one another that one is better than another... peace all... respect. All IMO. DYODD.
Comment by
mrmonopoly on May 28, 2021 11:27am
I was thinking the same thing. No sense getting worked up on this type of speculation. The earnings release will happen when it happens, and investors that are in-tune with DM all know it's gonna be pretty damn good. Don't bother trying to apply logic to SP movements in advance of the release when the SP has behaved illogically for many parts of the past year. IMO.
Comment by
Resilience19 on May 28, 2021 10:33am
It's simply a question of sp momentum. If released before the weekend, momentum can be lost, whereas it has more propensity to rise (especially if results are good), when there are a few days remaining in the week to assess, share the news and trade.
Comment by
swyint123888 on May 28, 2021 10:42am
Greed doesn't work that way....if the numbers are good the players will be buying like a mofo for their masters on monday regardless of the 2 day lapse.....it makes no difference to me when it breaks after the close to me nor the market is my guess