RE:RE:RE:TheoryHi,all, a new investor here. I have position in concordia
I would like to share something, (maybe everyone knows but would still like to contribute)
there are study shows(just google, best time to release bad earnings) that the company would usually release bad earnings after friday close(In hoping investors would ignore, but usually doesn't work), but would choose the day if the result would be better, as to prove they are better. Notwithstanding company's scheme, the market would always correct the price itself in matter of the minute these days, so, I am very curious for the intention behind the timing.
Please share something, or maybe i am off the topic already.