I am a CNBC junkie like most serious investors I know. How many times have you seen a CEO interviewed and by the end of the interview the stock is up 1 or 2 points. Most recently, they interviewed the CEO of CKE Restaurants last week right after the market opened. At the beginning of the interview the stock was down about 1 point and by the time they finished the stock was up about 1 1/4 points. I bought calls as soon as they announced the interview and flipped them for more than a double in about 15 minutes.
Question: Is there any rhyme or reason to the scheduling or time of these interviews? Do they announce the guest the prior day or the same morning? I want to start a forum to take advantage of these interviews because 90% seem to be very positive and produce a short term gain for the stock.
Please give me your feedback.
Sam |