RE:Don't count on results?Hey everyone.
Please see my post below. Typical that when results come out it does not do good for the SP in MOST cases. I was hopign this one would be an exception but I guess not. Will have to sell at a loss (to avoid the risk of going even lower) and put my money elsewhere
Sanderz wrote: Hey everyone
I have a small position here, not overly significant. However, countless, countless times I see people on boards waiting for "results" for that specific company, thinking the SP would shoot up. Only to find that after results (even if they are favourable) nothing happens to the SP, or SP declines quite a bit. I know this does't happen every time. I know once in a blue moon results can catapult the SP, but somehow I have a feeling that whatever results you're waiting for isn't going to do much to our stock price.
Anyone agree/disagree? I'm just saying this from what I've noticed the past couple of years.