RE:RE:Alert: History keeps repeating again and again on RHTNobleFr wrote: What you are describing happened last earnings because earnings were far below expectations.
I agree with you that the change in price pre-earnings as we are seeing right now is meaningless as it is not based on any fundamentals. Any change in price we see before earnings is very fragile because reality will kick in next week after we see financials and guidance.
Indeed. I am not a smart guy if you feel this is what I try to claim to be. But I have spent a lot of time examining many stocks’s trading characteristics I have invested in and could well still is investing in. Since 2018 RHT always surges on expectations and falls back hard after news, whether good or bad. Only the real numbers and guidance in coming QR will dictate how long a rally (if it breakouts @ 0.3) can last and how sustainable this rally could be.