Agreed, but most comments being made about the "uncertianty" of earnings and "how bad is it really " seem to be the focal point of this new down direction. My point being that if you believe, as in your view, that this is a non event (other things are much more important), I think the public and nervous analyists views will change positive. Hopefully moving the stock in an upward direction. I would also suppose if your view is considered "of course thats the way it is" as we move closer to an announce earning date more "insiders or MM, or MOMO,or smart money etc." should start the stock up, because we already know what the foolish public is only guessing about. By the time the announcement is made a good portion of the move (good or bad) will have taken place. Hence my "do the DD and makes your choices now".
"When do I get in, When do I get out, should I average down, is this a long term investment, should I wait for a pullback, should I short this fraudulant company" How often do we hear these words. I thought I would give them all an answer. NOW!
Long now and going longer
Deeno |