RE:Pre release vs actual I agree Stock. Nothing out of the ordinary happened here in today's trading. There was no "short attack" either. It's just people, or day traders/swing traders buying in, to unload at the news, but there just wasn't anything new on the financials. Management announced every financial metric in the early release of numbers. three weeks ago. Also management didn't want to give the 2023 guidence away today, because they'll have nothing to report on Investors day. So they pretty well stayed the course with just the numbers for the ER. That's when those who were speculating. started to sell, and the price started it's spiral. More sold than held obviously today.
The way I see it is. That the same people who took it up from $60.00 to $68.00 in 3 weeks on speculation, were trading amongst themselves, and some won, and others lost today IMO. This is the way the Day traders/Swing traders live. Up & down. The only thing I can say from here on in is that. If they want to play the game further from here to Investors Day??? Then they'll keep raising the SP up again from now till mid-March to load up. It's the nature of playing with the SP in this casino. In the meantime we'll see new highs for the SP for all the longs while they're playing their game again.. JMHO here of course. The way I see it is that. This company is gaining finacial ground on everything it is doing. Next stop is the rating game.