SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: dvdw©1/9/2007 11:48:59 AM
of 3821
 
Anatomy of a Rubiks News Reversal;
Subject NN500

On Dec 15th this company issued a press release citing potential short fall in rev for the current quarter. Shortfall attributed to BLAH BLAH BLAH......lol

On Jan 5th Company retracts Short fall announcement suggesting that Sales would be above the original forecast in place before the Rubiks News was released.

Some facts, this security has an average days trade of 63,400 shares, with approximately 9% of the float as Short Open Interest.

On Day 1 of the Rubiks Release, total vol was 82,000 shares

over the 14 day period this security traded a total of 834,700 shares. Or an average daily volume of 59,621 shares. This represents a short fall against an average days trade, by 3,778 shares.

For students of the market, your job is too classify intent with respect to the Rubiks News and its subsequent cancellation.

For everyone else, vol just this morning on SIRI was 15 million shares.........Uncertainty Vrs Intent.....you be the judge on where superior knowledge resides.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News