RE:Question for the panelMost won't hold pre earnings and gamble their hard earned money. As you can deduct from the share price action, the sentiment today is blow the shares out for what you KNOW you can get for them today, and if the earnings are decent buy back in tomorrow.
Better to lose a little on the way up, than to get absolutely SLAUGHTERED on the way down if the earnings are $hit....
Koolman wrote:"Assuming we have an 80% retail 20% institutional mix and Irwin Simon and his group have a handle on the earning news meaning tight lipped. How can this sell off be possible given a small group actually know the numbers??? I for one can't see this sell off being more than panic with the possibility of a sharp reversal???
Love to hear from the more experienced members?
EOM
KMAN"